Lotte Insurance Posts 63.3 Billion KRW Net Profit in H1, Up 58.8% YoY
[Asia Economy Reporter Oh Hyung-gil] Lotte Insurance announced on the 7th that its net profit for the first half of the year reached 63.3 billion KRW, marking a 58.8% growth compared to the same period last year. During the same period, sales amounted to 1.1098 trillion KRW, and operating profit was 90 billion KRW.
Long-term protection insurance grew by 15.4% compared to last year, and the loss ratio improved from 91.6% in the first half of last year to 87.8% in the first half of this year.
Hot Picks Today
!["Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①](https://cwcontent.asiae.co.kr/asiaresize/93/2026051414165763158_1778735817.jpg)
"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①
- "No Treatments Available as Outbreak Accelerates... '105 Dead' and Fear Grows as American Infected"
- "Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- Mother of Three Gang-Raped on Bus in India... Outrage as Bus Driver Implicated
- "It's Only May, but Convenience Stores Know... Iced Americano at 24°C, Tube Ice Cream at 31°C: The Thermometer of the Summer Sales Boom"
A Lotte Insurance official stated, "In the second half, the trend of profit increase will continue through solid management and business expense efficiency," adding, "We achieved 79.3% of the operating profit level compared to the performance forecast announced at the beginning of the year, which projected sales of 2.1577 trillion KRW and operating profit of 113.5 billion KRW."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
