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April 26, 2024

Samsung Life’s Q1 operating profit up 42% to W799b

PUBLISHED : May 12, 2017 - 16:09

UPDATED : May 12, 2017 - 16:09

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[DISCLOSURE] Samsung Life Insurance (032830) reported on May 12 that its operating profit in the first quarter hiked 42.6 percent to 799.0 billion won (US$708.52 million) from the same period last year.

Its revenue rose 15.7 percent to 9.17 trillion won while net profit fell 53.1 percent to 594.77 billion won on-year.

By Hwang You-mee (theinvestor@heraldcorp.com)

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