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Provider: Reuters Investment Profile
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Provider: Reuters Investment Profile
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China Pacific Insurance (Group) Co., Ltd Announces FY 2012 H1 Net Profit Outlook
China Pacific Insurance (Group) Co., Ltd announced that it expects its net profit for the first half of fiscal year (FY) 2012 to decrease by 55%, compared to the net profit of the same period in FY 2011 (RMB 5.816 billion). The Company cited the decreased investment income as the main reason for the forecast.
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