[ET Net News Agency, 3 February 2020] China Pacific Insurance (Group) Co., Ltd. (02601)
said it is estimated that the net profit attributable to equity holders of the company for
the year of 2019 will increase by approximately 50% to 60% as compared to the same period
last year.
The estimated increase is primarily due to the impact of investment income (main
business) and the change of tax policies on commission expenses (non-recurring items. (RC)