CHINA LIFE 1Q26 Net Profit Falls 32.3% YoY to RMB19.505 Billion
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CHINA LIFEreported a 32.3% year-on-year decline in net profit for Q1 2026, totaling RMB19.505 billion. Operating revenue fell 15.3% to RMB93.291 billion, while total premium income rose 1.1% to RMB358.478 billion. The Value of New Business increased by 75.5%. Total investment income was RMB35.536 billion, with a yield of 2.21%. As of March 31, total assets reached RMB7.715 trillion, up 1.6% from last year, and net assets were RMB611.987 billion, up 0.6%.
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