Ping An Insurance's Q1 Profit Slips 7.4%

MT Newswires Live
04/28

Ping An Insurance (SHA:601318, HKG:2318) recorded a 7.4% decline in attributable profit in the first quarter of 2026 to 25 billion yuan from 27 billion yuan a year prior, according to a Tuesday Hong Kong bourse filing.

Earnings per share slipped to 1.25 yuan from 1.44 yuan in the corresponding period of the previous fiscal year.

The insurer's total revenue slid 7.1% to 238.5 billion yuan from 256.6 billion yuan in the year-ago period.

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