SHANGHAI, Aug 23 (Reuters) - Six months ended June 30,
2008.
(in millions of yuan unless stated, against 2007 figures):
2008 2007
Turnover 63,456 vs 45,204
Net profit 5,512 vs 3,823
Earnings per share (yuan) 0.72 vs 0.68
Assets per share (yuan) 6.52 vs 3.77
Company: China Pacific Insurance Group Co Ltd (601601.SS)
is the country's third-biggest life insurer. It raised 29.03
billion yuan ($4.3 billion) in its domestic initial public
offer of shares in late 2007.
Note: The company published unaudited results, compiled
under domestic accounting standards.
The company said its insurance income rose 45 percent from
a year earlier to 54.65 billion yuan in the first half, with
life insurance income surging 58 percent to 38.86 billion yuan
and property insurance income up 20 percent to 15.77 billion
yuan.
Its share of the Chinese life insurance market slipped to
9.1 percent at the end of June from 10.2 percent at the end of
last year, but its share of the property insurance market rose
to 11.6 percent from 11.2 percent, it said.
Investment income rose 5 percent from a year earlier in the
first half to 14.67 billion yuan.
($1 = 6.83 Yuan)
(Reporting by Andrew Torchia; /Editing by Ben Tan)
