Samsung Life Insurance Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 02:20 am EST
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Samsung Life Insurance Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net income was KRW 108,209 million compared to KRW 129,188 million a year ago. Basic earnings per share from continuing operations was KRW 603 compared to KRW 719 a year ago. Basic earnings per share was KRW 603 compared to KRW 719 a year ago.
For the nine months, net income was KRW 533,213 million compared to KRW 1,293,815 million a year ago. Basic earnings per share from continuing operations was KRW 2,969 compared to KRW 7,205 a year ago. Diluted earnings per share from continuing operations was KRW 2,969 compared to KRW 7,205 a year ago. Basic earnings per share was KRW 2,969 compared to KRW 7,205 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.