Yuanbao 4Q Profit Slips Despite Revenue Rise

Dow Jones
Mar 18
 

By Adriano Marchese

 

Yuanbao's profit fell slightly in the fourth quarter, despite a rise in revenue and new policies.

The online insurance distributor in China on Wednesday posted net income of $48.2 million, or $1.00 a share, compared with $49 million, or $1.01 a share, in the same quarter a year ago.

Total revenues rose 32% to $168.1 million.

In the quarter, the number of new policies were about 7.9 million, representing a 34.5% year-over-year increase.

 

Write to Adriano Marchese at adriano.marchese@wsj.com

 

(END) Dow Jones Newswires

March 18, 2026 06:58 ET (10:58 GMT)

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