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<Results>CHINA LIFE 1Q NP Drops 32.3% to RMB19.505B
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CHINA LIFE (02628.HK) announced its results for the first quarter ended 31 March 2026. Net profit attributable to equity holders of the Company amounted to RMB19.505 billion, down 32.3% YoY. Basic EPS were RMB0.69. During the period, operating income was RMB93.291 billion, down 15.3% YoY. Gross written premiums reached RMB358.478 billion, up 1.1% YoY. The value of new business (VNB) increased by 75.5%, while the surrender rate was 0.24%, down 0.05 ppts YoY. Gross investment income amounted to RMB35.536 billion, with a gross investment yield of 2.21%. Auto-translated by AI AASTOCKS Financial News |
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