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Hanwha Life Q1 net income up 29 pct to 381.6 bln won

The insurer said in a regulatory filing that it posted 480.8 billion won in operating profit for the quarter, compared with 371.4 billion won a year ago. Sales rose 54.7 percent to 9.98 trillion...

Hanwha Life Q1 net income up 29 pct to 381.6 bln won

Hanwha Life-Q1 earnings

Hanwha Life Q1 net income up 29 pct to 381.6 bln won

SEOUL, May 12 (Yonhap) -- Hanwha Life on Tuesday reported its first-quarter net profit of 381.6 billion won (US$257.1 million), up a solid 29 percent from a year earlier.

The insurer said in a regulatory filing that it posted 480.8 billion won in operating profit for the quarter, compared with 371.4 billion won a year ago. Sales rose 54.7 percent to 9.98 trillion won.

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