Samsung Life Insurance Reports H1 Net Profit of 726.4 Billion KRW, Down 8.5% YoY
[Asia Economy Reporter Oh Hyung-gil] Samsung Life Insurance announced on the 13th that its net profit for the first half of the year was 726.4 billion KRW, a decrease of 8.5% compared to the same period last year.
Sales increased by 9.2% to 18.01 trillion KRW compared to the same period last year, but operating profit decreased by 4.6% to 924.6 billion KRW.
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Net profit for the second quarter recorded 469.8 billion KRW, an increase of 44.8% compared to the same period last year. Sales decreased by 8.2% to 7.6384 trillion KRW, while operating profit grew by 35.6% to 550 billion KRW.
This content was produced with the assistance of AI translation services.
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