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Ping An Reports YoY Growth of 8.9% in Operating Profit Attributable to Shareholders of the Parent Company in Q1 2021


Press release content from PR Newswire. The AP news staff was not involved in its creation.
Ping An Reports YoY Growth of 8.9% in Operating Profit Attributable to Shareholders of the Parent Company in Q1 2021
April 22, 2021 GMT
HONG KONG and SHANGHAI, April 22, 2021 /PRNewswire/ Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or the “Group” or the “Company”, HKEX: 2318; SSE: 601318) today announced its first quarter financial results for the three months ended 31 March 2021.
In the first three months of 2021, China achieved strong results in the prevention and containment of the COVID-19 epidemic. Amid steady headline domestic economic recovery, Ping An’s traditional offline business development gradually resumed. However, demand for long-term protection business remained depressed as the underlying domestic economic recovery was not as strong, with domestic discretionary demand still recovering. Ping An adopted various forward ....

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