DB Insurance Co., Ltd. (005830.KS) on Friday reported lower profit for the first quarter, despite higher revenue.
Profit before tax from continuing operations declined 28.6% to 459.549 billion won from 643.311 billion won last year.
Operating income fell 28.5% to 462.700 billion won from 646.688 billion won a year earlier.
Net income dropped 39.9% to 268.504 billion won from 446.987 billion won in the same period last year.
Sales, however, increased 16.2% year-on-year to 5.778 trillion won from 4.974 trillion won.
For comments and feedback contact: editorial@rttnews.com
Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.