FilingReader Intelligence

COFCO Capital net profit plunges over 50% in H1

July 14, 2025 at 05:18 PM UTCBy FilingReader AI

COFCO Capital Holdings expects H1 2025 net profit to fall 51.59%-55.39% to 82,000-89,000 yuan, down from 183,835 yuan in H1 2024.

The company attributes the decline to new accounting standards for insurance contracts implemented January 1, 2025, and reduced investment income.

Subsidiaries Sino-British Life Insurance and COFCO Trust reported H1 profits of 681.32 million yuan and 403.48 million yuan respectively.

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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