China Li voltage stabilizer fe posts 29.22% rise in net profit for H1
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China Life posts 29.22% rise in net profit for H1Published: 25 Aug 2009 19:23:04 PSTTop 5 News From ChinaKnowledge.comJPMorgan cuts stake in ICBC to 4.98%JPMorgan Chase raises stake in Huaneng Power InternationalMainland trade delegation inks US$3.87 bln in deals with TaiwanFIL raises stake in Weiqiao Textile to 7.37%Air China’s net profit surges 151% in H1Aug. 26, 2009 (China Knowledge) — China Life Insurance Co Ltd<601628><2628><LFC>, the country’s largest life insurer in terms of premiums, announced Tuesday that it has recorded RMB 13.92 billion in net profit in the first half of this year.The figure, computed according to Chinese accounting standards, reflects a year-on-year growth of 29.22%.Earnings per share were RMB 0.49, according to the insurer’s interim report published on website of the Shanghai Stock Exchange.The increase in net profit is attributable to the booming stock market that boosted the company’s investment returns.In the first six months, China Life realized an investment income of RMB 232.19 billion, and the investment return rate stood at 3.27%, 0.94 percentage points more than in the same period of last year.Insurance premium income during the same period was RMB 172.82 billion, down 5.08% year on year due to the adjustment of the firm’s business structure. The company’s market share fell to 39.2% from 42.8% in the first half of last year.China Life’s total assets had increased 11.34% from the end of last year to RMB 1.1 trillion at the end of June.The insurer’s solvency adequacy ratio was 324% at the end of June.Copyright © 2009 http://www.chinaknowledge.comdental bearings 現金化 比較 乳化机 miniature bearings 工业除湿机 除湿机 上虞风机 除湿机 FX 比較