Samsung Life-Q1 earnings
Samsung Life Q1 net income up 83.1 pct to 1.24 tln won
SEOUL, May 14 (Yonhap) -- Samsung Life Insurance Co. on Thursday reported a first-quarter net income of 1.24 trillion won (US$832.1 million), up 83.1 percent from a year earlier.
The company said in a regulatory filing that it posted 1.35 trillion won in operating profit for the quarter, compared with 754 billion won a year ago. Revenue rose 75 percent to 14.71 trillion won.
The earnings exceeded market expectations. The average estimate of net profit by analysts stood at 738.5 billion won, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency.
(END)
댓글
0