China People's Insurance (601319.SH) announced results for the first three quarters. Net profit attributable to mother was 31,817 billion yuan, down 32% year on year

According to Zhitong Finance App News, China People's Insurance (601319.SH) released its report for the third quarter of 2026. The company achieved operating income of 511.95 billion yuan in the first three quarters, down 1.7% year on year; net profit attributable to shareholders of listed companies was 31,817 billion yuan, down 32% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 32.196 billion yuan, down 31.2% year on year; basic earnings per share were 0.72 yuan.

In the first three quarters of 2026, in the face of a complicated situation and market pressure, the company adhered to the general tone of steady progress, firmly established a correct view of political performance, closely followed the requirements of the “15th Five-Year Plan”, and solidly promoted high-quality development. During the reporting period, insurance service revenue reached 443.329 billion yuan, an increase of 2.8% over the previous year. During the reporting period, the company's underwriting performance was relatively stable, but the investment side performance was affected by the capital market, which led to a year-on-year decline in net profit.