Samsung Life Insurance Reports 1Q Net Profit of 730.1 Billion KRW, Up 142.7% Year-on-Year
Samsung Life Insurance announced on the 15th that its consolidated net profit for the first quarter of this year reached 730.1 billion KRW, a 142.7% increase compared to 300.8 billion KRW in the same period last year.
Operating profit rose 182.6% from 312 billion KRW to 881.8 billion KRW during the same period.
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Insurance service revenue increased by 13.9% year-on-year to 2.1574 trillion KRW, while investment service revenue grew 19.4% to 7.8302 trillion KRW in the same period.
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