Samsung Life Insurance-Q1 earnings

Samsung Life Insurance Q1 net profit down 72.9 pct. to 302.2 bln won

SEOUL, May 13 (Yonhap) -- Samsung Life Insurance Co. on Friday reported its first-quarter net profit of 302.2 billion won (US$234.5 million), down 72.9 percent from a year earlier.

The company said in a regulatory filing that it posted 323.8 billion won in operating profit for the quarter, compared with 1.33 trillion won a year ago. Sales fell 7 percent to 9.3 trillion won.

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