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在线翻译:
szdaily -> Markets
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    2017-October-30  08:53    Shenzhen Daily

Ping An Insurance profit rises 45.5%

PING An Insurance Group Co. of China Ltd., the country’s largest insurer by market value, said Friday its third-quarter net profit rose 45.5 percent due to strong insurance sales.

Net profit at Ping An, the only Chinese and Asian insurer named among nine peers as global systemically important insurers by regulators, was 22.89 billion yuan (US$3.44 billion) in the quarter ended September, compared with 15.73 billion yuan the same period last year. Ping An raked in 313.93 billion yuan in gross premium income from life insurance in the nine-month period, up by around 36 percent from the year-ago period.

China Merchants Bank profit up 15.6%

CHINA Merchants Bank Co. said Friday that its third-quarter net profit rose 15.6 percent from a year earlier, boosted by higher interest and fee income.

The Shenzhen-based bank said profit for the three months ended September was 19.55 billion yuan (US$2.94 billion), up from 16.91 billion yuan a year earlier. Net interest income rose to 36.49 billion yuan in the third quarter, compared with 33.25 billion yuan the same period a year ago. Net fee and commission income was 14.58 billion yuan, up from 11.46 billion yuan a year earlier.

China Pacific Insurance profit rises 24%

CHINA Pacific Insurance (Group) Co. reported Friday a 24 percent year on year increase in its net profit for the first nine months of the year as premium income rose.

Net profit in the January-September period was 10.93 billion yuan (US$1.64 billion), compared with 8.83 billion yuan in the same period of last year. Gross written premium rose 24 percent year on year to 233.57 billion yuan, while operating income was up 21.4 percent at 258.96 billion yuan, China Pacific said.

Air China profit lifted by stronger yuan

AIR China posted a 31 percent rise in third-quarter net profit Friday as a strengthening yuan offset lower passenger yields on international routes.

The airline said net profit rose to 5 billion yuan for the July-September period from 3.8 billion yuan a year earlier. Net profit over the nine months to September rose 14.6 percent to 8.3 billion yuan. The strengthening of the yuan against the U.S. dollar helped its finance expenses for the quarter fall by 247.2 million yuan, compared with a gain of 1.3 billion yuan over the same period last year.

 

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