Ping An posts 3% rise in net profit
Ping An Insurance (Group) Co. of China posted a 3% rise in its 2012 net profit, the slowest growth in three years, according to the Wall Street Journal.
Higher premiums and revenue from the insurer's banking operations offset a decline in investment income.
Ping An posted net profit for the year of 20.05bn yuan ($3.23bn), up from 19.48bn yuan a year
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