Excluding the impact from the cessation of mutual aid business in March 2021, the adjusted net operating revenue rose by 43.2 percent year-over-year.

Shi Kangping, chief financial officer of Waterdrop, said the increase in operating costs and expenses were mainly attributable to expenses related with the cessation of mutual aid business.

André Calantzopoulos, CEO of Launsanne-based PMI, said since tobacco control strategies in most countries focus on supply and demand measures intended to prevent initiation, reduce consumption and encourage cessation, they have resulted in a decline in smoking prevalence over the last three decades, but are unlikely to eliminate smoking altogether.

The spread of the virus led to the cessation of production in some areas and subsequent serious shortages of supplies.

The UKA Futures are deliverable contracts where each clearing member with a position open at cessation of trading a contract month is obligated to make or take delivery of UK allowances to or from the UK Emissions Trading Registry in accordance with the ICE Futures Europe Regulations.