-+ 0.00%
-+ 0.00%
-+ 0.00%
China Taibao (02601)'s net profit for the first three quarters of 36.403 billion yuan decreased by 20.3% year-on-year
Share
Listen to the news

According to the Zhitong Finance App, China Taibao (02601) announced results for the first three quarters of 2026. Operating revenue was 291,564 billion yuan, a decrease of 15.5% year on year; net profit was 36.403 billion yuan, a decrease of 20.3% year on year; basic earnings per share were 3.78 yuan.

In the first three quarters of 2026, Taibao Life Insurance achieved large-scale premiums of 267.651 billion yuan, up 1.4% year on year; insurance service revenue of 64.634 billion yuan, up 1.0% year on year; new business value of 14.351 billion yuan, down 6.5% year on year. Looking at each channel, agent channel value maintained steady growth; the banking insurance channel was affected by factors such as high base, phased changes in product structure and changes in the market environment during the same period last year, and the value growth rate performance was pressured.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending