U.S. Markets open in 5 hrs 53 mins

Fanhua: 1Q Earnings Snapshot

GUANGZHOU, China (AP) _ Fanhua Inc. (FANH) on Wednesday reported profit of $21.9 million in its first quarter.

On a per-share basis, the Guangzhou, China-based company said it had profit of 39 cents.

The insurance company posted revenue of $144.8 million in the period.

Fanhua shares have risen 35% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $29.73, an increase of 4.5% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FANH at https://www.zacks.com/ap/FANH