China’s Ping An Insurance posts 22.8% fall in 2023 profit

China’s Ping An Insurance posts 22.8% fall in 2023 profit

March 21, 2024 / Riah Marton /


PING An Insurance (Group) of China saw a 22.8 per cent drop in net profit last year, the insurance giant said on Thursday (Mar 21).

The group posted net profit of 85.67 billion yuan (S$15.9 billion) in 2023, versus 111.01 billion yuan a year earlier. REUTERS

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Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

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