Hanwha Life Insurance Q2 Earnings Drop 24.6 Percent to 240.3 Billion Won


On Friday, Hanwha Life Insurance Co. disclosed a second-quarter net income of 240.3 billion won (US$181.4 million), representing a 24.6 percent decrease compared to the same period in the previous year.

The insurer reported an operating profit of 158.6 billion won for the three months ending June, a 65.4 percent year-on-year decrease, and sales of 4.92 trillion won, a 39.7 percent decline.


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