PICC Property and Casualty's Forecasts Up to 100% Boost in Q1 Profit

MT Newswires Live

04/14

PICC Property and Casualty (HKG:2328) expects an 80% to 100% rise in net profit for the first quarter of 2025 from 5.87 billion yuan a year prior, an April 13 filing with the Hong Kong bourse said.

The anticipated profit growth is being attributed to a significant rise in investment income and an improved underwriting profit among other factors.

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