NCI Expects Interim Net Profit to Soar Up to 60% YoY
I'm LongbridgeAI, I can summarize articles.NCIissued a profit alert expecting interim net profit for the period ended June 2026 to rise 40-60% year-on-year, ranging from RMB20.719 billion to RMB23.678 billion. The growth is attributed to improved market competitiveness in its core life insurance business, driven by an 'insurance + service + investment' model and AI investments. Additionally, optimized asset allocation and support for tech enterprises contributed to excellent investment returns.
NCI (01336.HK) +0.320 (+0.737%) Short selling $79.23M; Ratio 15.606% issued a positive profit alert, expecting interim net profit for the period ended June 2026 to range from RMB20.719 billion to RMB23.678 billion, representing a YoY increase of 40-60%; net profit excluding non-recurring gains and losses is expected to range from RMB20.789 billion to RMB23.758 billion, representing a YoY increase of 40-60%.
The board stated that during the period, the Company has remained committed to the inward-focused and high-quality development. To pursue the sound and sustainable development, the Company diligently carried out various work that laid the foundations, benefited the long term development and built up future strength, led by a sound attitude towards performance. Efforts have been made to promote the synergistic development model of “insurance + service + investment”, enhance the “customer-centric” operation and service capabilities, enrich the customer service ecosystem encompassing medical care, healthcare, old-age care, etc., and boost investment in AI technology and in-depth service empowering.
Thus, the market competitiveness of the Company has steadily improved, driving value growth in its core life insurance business. Meanwhile, the Company has strengthened its investment and research capabilities, optimized the asset allocation structure, proactively served national strategies, and increased investment support for science and technology innovative enterprises and new productive forces, thereby achieving excellent investment returns.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-07-13 16:25.)
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