Samsung Life Insurance Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 03:55 am EDT
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Samsung Life Insurance Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net income was KRW 267,353 million compared to KRW 362,327 million a year ago. Basic earnings per share from continuing operations was KRW 1,489 compared to KRW 2,018 a year ago. Diluted earnings per share from continuing operations was KRW 1,489 compared to KRW 2,018 a year ago. Basic earnings per share was KRW 1,489 compared to KRW 2,018 a year ago.
For the six months, net income was KRW 974,160 million compared to KRW 630,680 million a year ago. Basic earnings per share from continuing operations was KRW 5,425 compared to KRW 3,512 a year ago. Diluted earnings per share from continuing operations was KRW 5,425 compared to KRW 3,512 a year ago. Basic earnings per share was KRW 5,425 compared to KRW 3,512 a year ago.
Samsung Life Insurance Co Ltd is a Korea-based company principally engaged in the life insurance business. The Company provides death insurance, survival insurance, life-and-death insurance, group insurance, and other insurance. The Company's life insurance includes guarantee insurance such as life insurance, health insurance and critical illness (CI) insurance, as well as savings insurance such as pension insurance and savings insurance. In addition, the Company is engaged in the businesses such as loans, securities, cash deposits and trusts, and real estate, among others.