Orange Life Insurance, Ltd. Announces Earnings Results for the First Quarter Ended March 31, 2019
May 13, 2019 at 08:25 am
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Orange Life Insurance, Ltd. announced earnings results for the first quarter ended March 31, 2019. For the quarter, the company reported operating revenue of KRW of 1,207,777 million compared to KRW 1,108,931 million a year ago. Operating profit of KRW 106,176 million compared to KRW 120,539 million a year ago. Total comprehensive income was KRW 202,489 million compared to loss of KRW 18,635 million a year ago. Profit after tax was KRW 80,407 million compared to KRW 88,884 million a year ago.
Orange Life Insurance Ltd is a Korea-based company principally engaged in the provision of life insurance products and related services. The Company provides insurance products, including whole life insurance, critical illness whole life insurance, health insurance, term insurance, annuity insurance and saving insurance, among others. The Company offers its products through channels, including financial consultants (FC), banks, and general agents. It also provides insurance and financial consulting services.