Summary by Moomoo AI
Taibao of China published its 2023 Annual Results Report on 29 March 2024. The report shows that against the backdrop of a good overall recovery of the national economy, Taibao China has adopted the concept of high-quality development, and actively responds to the challenges of the internal and external environment, and achieves solid growth in operating performance. The Group's insurance services revenue reached $2,661.67 billion, up 6.6% year-on-year; the Group's net operating profit was $355.18 billion, down 0.4%; and the Group's net income was $22.57 million, down 27.1%. The Group's customers reached 1.80 billion USD with a total value of USD 5,294.93 billion, an increase of 1.9%; the Group's assets under management reached USD 29,223.08 billion, an increase of 10.1%. Under the Generation2 Forfeiture Rule, the overall...Show More