Hanwha Life Insurance Earnings Up In Q2
(RTTNews) - Hanwha Life Insurance Co., Ltd. (088350.KS), on Wednesday reported higher net income in the second quarter compared with the previous year.
For the second quarter, net income attributable to shareholders of the parent company increased to KRW 447.55 billion from KRW 125.10 billion in the previous year.
Operating income jumped to KRW 626.78 billion from KRW 240.70 billion in the prior year.
Sales increased to KRW 12.60 trillion from KRW 7.79 trillion in the previous year.
Hanwha Life Insurance Co is currently trading 0.53% lesser at KRW 4,700 on the Korean Stock Exchange.
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.