PICC(601319)2025-04-13 07:50Financial Performance - The estimated net profit attributable to the parent company's shareholders for Q1 2025 is expected to be between RMB 11.652 billion and RMB 13.445 billion, an increase of RMB 2.689 billion to RMB 4.482 billion compared to the same period last year, representing a year-on-year growth of 30% to 50%[2] - The estimated net profit attributable to the parent company's shareholders, excluding non-recurring gains and losses, is expected to be between RMB 11.606 billion and RMB 13.392 billion, with a similar increase of RMB 2.678 billion to RMB 4.464 billion year-on-year, also reflecting a growth of 30% to 50%[3] - The net profit for the same period last year was RMB 8.963 billion, with a total profit of RMB 13.849 billion[4] - The earnings per share for the same period last year was RMB 0.20[5] Factors Influencing Profit Growth - The main reasons for the profit increase include the implementation of national financial policies, innovation in insurance products, and a focus on long-term and value investments in the capital market[6] - The company emphasizes the importance of optimizing business structure and improving business quality, leading to rapid growth in underwriting performance[6] Forecast Accuracy - The company has no significant uncertainties that could affect the accuracy of this profit forecast[7] - The data provided is preliminary and subject to final confirmation in the official Q1 2025 report[8]