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0.00857142857142864 0.0181142857142857 0.00857142857142864 0.00285714285714292 0.0142857142857144 -0.0028571428571428 0.00857142857142864 0.154657142857143
Stock impact report

Huize CEO Vows To Redefine Insurance Value Chain With AI Powered Transformation [Yahoo! Finance]

Huize Holding Limited - American Depositary Shares (HUIZ) 
Company Research Source: Yahoo! Finance
The Chinese online insurance product and service platform reported second-quarter adjusted earnings per share of two cents, up from the prior year's loss of 20 cents. Quarterly sales rose to $55.38 million, up from $38.94 million a year earlier. In the second quarter, Huize's first-year premiums surged 73.1% year over year to 1.127 billion Chinese yuan ($158.316 million), while gross written premiums rose 34.4% to 1.796 billion yuan. Also Read: Taiwan Semiconductor To Strengthen Chipmaking Network With Pingtung Service Hub Cunjun Ma , founder and CEO of Huize, said, “We are pleased to deliver another quarter of remarkable results, with operating revenue hitting a 3-year high of 397 million yuan and GAAP net profit attributable to common shareholders of 10.9 million yuan.” Total revenue climbed 40.2% year over year, driven by robust client growth and efficiency gains. View more earnings on HUIZ The expense-to-income ratio dropped sharply to 23.9% from 40.5% a year earlier, Show less Read more
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