Technology

Samsung Life Insurance net sinks 54% in Q3

Samsung Life Insurance net sinks 54% in Q3

South Korea's top life insurer Samsung Life Insurance Co. said Thursday its third-quarter net profit plunged more than 50 percent from a year ago, but its bottom line rose 30 percent in the first nine months of the year. Consolidated net profit stood at 159.1 billion won ($134.7 million) in the July-September period, down 54 percent from a year earlier, Samsung Life Insurance said in a regulatory filing.

Click here to read more -->
×