Samsung Life Insurance Q1 net income down 10.3 pct to 663.3 bln won


Samsung Life Insurance Co. on Thursday reported its first-quarter net profit of 663.3 billion won (US$484.5 million), down 10.3 percent from a year earlier.

Operating income for the January-March period was 746.3 billion won, down 15.4 percent from a year ago, the company said in a regulatory filing. Revenue fell 6.7 percent to 9.31 trillion won.

Source: Yonhap News Agency