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LFC - China Life Insurance: 13Q1 Net Profit CNY 10.1 Bn, Up 79.1 Percent YoY

|Includes: CILJF, China Life Insurance Company Limited (LFC)

Prepared by ChinaScope Financial | Source:Company Disclosure

  • China Life Insurance Co., Ltd. (02628: HKG; 601628: SHA) , one of the major listed Chinese insurers, announced on April 25 that for the first quarter of 2013, net profit attributable to common shareholders was CNY 10.1 billion, up 79.1 percent year-on-year (YoY). Earnings per share was CNY 0.36.
  • For the reporting period, the investment income was CNY 26.1 billion, up 37.2 percent YoY, while the impairment loss of assets was CNY 847 million, down 89 percent YoY.