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Ping An H1 Operating Profit Slightly Rises - Quick Facts

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(RTTNews) - Ping An Insurance (Group) Company of China, Ltd. (PIAIF.PK) reported that its first half net profit attributable to shareholders of the parent company declined by 29.7% year on year to RMB 68.68 billion. Operating profit attributable to shareholders of the parent company rose by 1.2% year on year to RMB 74.31 billion.

As of June 30, 2020, retail customers rose by 4.6% from the beginning of 2020 to 210 million. Affected by the COVID-19 epidemic, the Group's retail operating profit declined by 2.3% year on year to RMB 65.02 billion.

Ping An will pay an interim dividend of RMB 0.80 per share in cash, up 6.7% year on year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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