NCI 1Q26 Net Profit Up 10.5% YoY to RMB6.5B
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NCIreported a 10.5% year-on-year increase in net profit for 1Q26, reaching RMB6.5 billion, despite a 33.7% decline in revenue to RMB22.133 billion due to capital market volatility. The basic weighted average EPS was approximately RMB2.08. Original insurance premium income rose 14% YoY to RMB83.496 billion, with a surrender rate of 0.4%. The value of new business increased by 24.7% to RMB4.655 billion.
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