Net profit rose more than 60% in first half

Source: Internet
Author: User
Keywords Net profit first half 60% Tai Bao
China's Tai Bao (601601) semi-annual report showed that the first half of the kingpin to achieve the ownership of the parent company's shareholders net profit of 4.019 billion yuan, an increase of 66.8%.  Basic income of 0.47 yuan per share. Thanks to investment in fixed assets, closed-end fund dividends, China's first half of the net investment income of 8.966 billion yuan, a year earlier, a 40.9% increase in net investment yield of 4.2%. First half, Tai Bao Group insurance business income of 76.066 billion yuan, an increase of 50.2%; among them, life insurance business income 48.959 billion yuan, increase 53.1%, property insurance business income 27.078 billion yuan, increase 45.1%  The investment asset scale is 395.896 billion yuan, the endowment Insurance Trustee manages the asset scale 25.072 billion yuan. In terms of asset management, as at June 30, 2010, the size of the Tai Bao investment assets was 395.896 billion yuan, up 8.2% from the beginning of the year. Among them, fixed income assets increased by 39.598 billion yuan at the beginning, the proportion of total investment assets increased by 4.4%, mainly the company to increase the allocation of long-term bonds, which buy 50-year bonds more than 7 billion yuan. Equity assets accounted for 10.9% of total investment assets, down 1.4% from the beginning of the year, mainly the company to deal with market fluctuations, dynamic adjustment of asset allocation. The first half of the infrastructure investment plan was 914 million yuan, but the total investment was slightly lower than the beginning of the year as a debt investment plan expired. The first half of the fund to achieve investment income of 9.259 billion yuan, the total investment yield of 4.3%.
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