Samsung Fire & Marine Insurance Co., Ltd. (000815.KS,000810.KS) reported Friday higher profit in its fourth quarter, despite weak sales.
In South Korea, the shares traded around 5.4 percent higher at 454,250.00 Korean won.
In the fourth quarter, net income attributable to shareholders of parent company grew 13.3 percent to 234.73 billion Korean won from last year's 207.11 billion won.
Operating income climbed 54.8 percent to 391.26 billion won from 252.81 billion won a year ago.
Sales, meanwhile, dropped 3.4 percent to 6.08 trillion won from prior year's 6.20 trillion won. Sequentially, sales grew 6.1 percent.
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