Ping An Insurance net profit up 39 pct in 2019

Source: Xinhua | 2020-02-21

Ping An Insurance (Group) Company of China, Ltd. announced its net profit surged 39.1 percent year on year to 149.4 billion yuan (21.3 billion U.S. dollars) in 2019.

In a filing to the Shanghai Stock Exchange, the financial conglomerate said it generated a revenue of 1.17 trillion yuan last year, an annual increase of 19.7 percent.