Zhi Tong Cai Jing·2025-08-28 09:19Core Insights - China Taiping (00966) reported its mid-year results for 2025, showing a slight increase in insurance service revenue and significant growth in net profit and new business value [1] Financial Performance - Insurance service revenue reached HKD 55.964 billion, a year-on-year increase of 0.2% [1] - Insurance service profit amounted to HKD 12.316 billion, reflecting a year-on-year growth of 9.5% [1] - Net profit attributable to shareholders (after tax) was HKD 6.764 billion, up 12.2% year-on-year [1] - Basic earnings per share increased to HKD 1.744, an increase of HKD 0.206 compared to the previous year [1] Business Metrics - New business value (NBV) for Taiping Life reached HKD 6.778 billion, representing a year-on-year growth of 22.9% [1] - The intrinsic value of Taiping Life was HKD 223.591 billion, up 8.1% year-on-year [1] - The comprehensive cost ratio for reinsurance was 94.3%, improving by 1.5 percentage points year-on-year [1] - The net investment return in RMB terms was 4.6% during the period [1]