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<Research>UBS Envisions PING AN to Have Achieved Robust Operating Profit Growth Last Yr with Easing Impairment Pressure
Recommend 11 Positive 12 Negative 6 |
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PING AN (02318.HK) is poised to announce its 2025 results after the market closes on March 26, according to a UBS research report. On a comparable basis, UBS expects PING AN's attributable operating profit to have grown by 9% YoY, indicating a 23% YoY increase in 4Q25. The broker has attributed the accelerated growth in 4Q25 to reduced impairment losses in asset management and stronger growth in property insurance underwriting profits. UBS has tweaked its model for PING AN but kept its forecast for the net profit attributable to shareholders largely unchanged. PING AN's target price remains at HKD88 with a Buy rating. AAStocks Financial News |
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