China Life Insurance Company HY Profits Rise

(RTTNews) – China Life Insurance Company Limited (LFC) announced that its net profit attributable to shareholders of the company for the six-month period ended June 30, 2021 was RMB 40.98 billion, an increase of 34.2% in year-over-year.

The total turnover amounted to 537.11 billion RMB, an increase of 6.5% year on year.

Gross written premiums amounted to 442.30 billion RMB, an increase of 3.5% year-on-year on the high basis, further consolidating its leadership in the industry.

The company will not declare an interim dividend on ordinary shares for the reference period.

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