Insurer hurt
By Feng Jianmin |
August 24, 2012, Friday
|
Print Edition
Print Edition
CHINA Ping An Insurance Co yesterday posted slower profit growth in the first half amid China's weaker economic growth and low market demand. The insurer said net profit rose 9.4 percent annually to 14 billion yuan (US$2.2 billion), according to a filing to the Shanghai Stock Exchange. The rate was slower than last year's 32.7 percent.
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