Samsung Life Insurance Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 04:05 am EST
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Samsung Life Insurance Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was KRW 475,567 million compared to KRW 208,864 million a year ago. Basic earnings per share from continuing operations was KRW 2,648 compared to KRW 1,163 a year ago. Diluted earnings per share from continuing operations was KRW 2,648 compared to KRW 1,163 a year ago. Basic earnings per share was KRW 2,648 compared to KRW 1,163 a year ago.
For the nine months, net income was KRW 1,449,726 million compared to KRW 839,544 million a year ago. Basic earnings per share from continuing operations was KRW 8,073 compared to KRW 4,675 a year ago. Diluted earnings per share from continuing operations was KRW 8,073 compared to KRW 4,675 a year ago. Basic earnings per share was KRW 8,073 compared to KRW 4,675 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.