Mirae Asset Life Q1 Net Profit Jumps 115% YoY to 53.3 Billion Won

Mirae Asset Life said its net profit for the first quarter came in at 53.3 billion won, an increase of 115% from the same period a year earlier. The result means the company’s quarterly net profit more than doubled year on year. The key disclosed figures are net profit of 53.3 billion won and a 115% year-on-year increase. Investors tracking earnings trends in the insurance sector may focus on the scale of the quarterly profit improvement. The original report did not provide additional profitability indicators or detailed results by business segment. Source: hankyung.com.