FINWIRES · TerminalLIVE
FINWIRES

China Pacific Insurance's Q1 Profit Rises 4%; Revenue Down 1%

By

-- China Pacific Insurance (SHA:601601, HKG:2601) reported a 4% increase in net profit in the first quarter to 10 billion yuan from 9.6 billion yuan, according to filings with the Hong Kong and Shanghai bourses late Tuesday.

Earnings per share fell to 0.94 yuan from 1 yuan.

Revenue fell 1.2% to 92.5 billion yuan from 93.7 billion yuan, the insurer said.

Related Articles

International

New Zealand's Q1 Unemployment Rate Expected to Stay Steady, ANZ Says

New Zealand's first-quarter unemployment rate is expected to remain steady at 5.4%, slightly lower than the previous forecast of 5.5%, according to a report by ANZ released on Wednesday.ANZ increased its quarterly employment growth forecast by 0.1 percentage points to 0.3%, with employment growth appearing to have held onto a little more momentum in March than previously anticipated, the report said.Upcoming data on hours paid and hours worked may indicate some signal around the risks to the first-quarter GDP forecast of 0.8% quarter on quarter, though the recent oil shock likely won't show up yet since the labor market is typically the last sector to react to changing economic conditions.First-quarter labor market data is expected to show that the market had enough excess capacity to act as a buffer against the recent oil shock, limiting the risk of labor costs driving up inflation in the near term.

$^NZ50
Asia

Shenzhen Expressway's Profit Rises 7% in Q1

Shenzhen Expressway (HKG:0548, SHA:600548) posted net profit attributable to owners of 509.3 million yuan for the first quarter, up 7% from 478 million yuan a year earlier, according to a Tuesday Hong Kong bourse filing.Hong Kong-listed shares of the Chinese expressway were up nearly 1%, while its Shanghai-listed shares fell marginally in Wednesday morning trade.Earnings per share fell to 0.192 yuan from 0.203 yuan a year earlier.Revenue edged 0.7% lower to 1.76 billion yuan from 1.77 billion yuan in the prior-year period.

$HKG:0548$SHA:600548
Asia

FS.com's 2025 Profit Jumps 51%

FS.com (HKG:3355) booked 601.5 million yuan in profit for 2025, up 51% from 397.3 million yuan a year earlier, according to a Hong Kong bourse filing Tuesday.The networking equipment provider's shares gained 2% in morning trade Wednesday.Earnings per share were 1.69 yuan, compared with 1.12 yuan in the prior year.Revenue rose 14% year on year to 2.97 billion yuan, figures showed.The company declared a dividend of 4.93 yuan per 10 shares, payable June 30 to shareholders of record on June 10.

$HKG:3355