China Pacific Insurance net profit drops in Q1 2025
China Pacific Insurance Group (SSE:601601) announced its first-quarter results for 2025, revealing a net profit of CNY9.627 billion, a decline of 18.1% compared to the same period last year. Insurance service revenue saw a modest increase, reaching CNY69.55 billion, up 3.9%. Specifically, China Pacific Life Insurance reported an increase in premium income of 11.8%. China Pacific Property Insurance saw a 4.8% increase in insurance service revenue. The group's investment assets grew to CNY2,810.208 billion, a 2.8% increase since the end of the previous year.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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