PICC GROUP(01339) announced its performance for the first three quarters, with a net profit attributable to shareholders of 46.822 billion yuan, an increase of 28.9% year-on-year.

PICC GROUP (01339) announced its performance for the first three quarters of 2025, with total operating revenue of approximately 520.99 billion yuan, an increase of 10.9% year-on-year; net profit attributable to the company's shareholders was 46.822 billion yuan, an increase of 28.9% year-on-year; basic earnings per share was 1.06 yuan. During the reporting period, PICC Property & Casualty achieved insurance service revenue of 385.921 billion yuan, a year-on-year increase of 5.9%; PICC Property & Casualty continued to deepen operational management to reduce costs, improve quality, and increase efficiency, enhance underwriting and claims quality and efficiency, strengthen fine management of sales expenses, continuously optimize cost input, and achieve underwriting profit of 14.865 billion yuan, an increase of 130.7% year-on-year; comprehensive cost ratio was 96.1%, a year-on-year decrease of 2.1 percentage points; achieving a net profit of 40.268 billion yuan, an increase of 50.5% year-on-year. PICC Life achieved insurance service revenue of 19.786 billion yuan, a year-on-year increase of 18.2%; achieved a net profit of 13.974 billion yuan; new business value on a comparable basis increased by 76.6% year-on-year. PICC Health achieved insurance service revenue of 23.238 billion yuan, a year-on-year increase of 12.9%; achieved a net profit of 7.856 billion yuan, an increase of 41.0% year-on-year.