China Life Insurance Company Limited Announces 2018 Interim Results (H Shares)
China Life Insurance Company Limited American Depositary Shares (LFC)
US:NYSE Investor Relations:
e-chinalife.com/irchannel/http/en
Company Research
Source: PR Newswire
HONG KONG, Aug. 23, 2018 /PRNewswire/ -- China Life Insurance Company Limited (SSE: 601628, SEHK: 2628, NYSE: LFC) announces the unaudited consolidated results of the Company (China Life Insurance Company Limited and its subsidiaries) for the six months ended 30 June 2018 (the "Reporting Period") prepared under the International Financial Reporting Standards today.HighlightsAs at the end of the Reporting Period, the Company's total assets reached RMB3,043,178 million, an increase of 5.0% from the end of 2017. The Company's embedded value was RMB769,225 million, an increase of 4.8% from the end of 2017. During the Reporting Period, the Company's total revenue was RMB401,690 million, an increase of 1.4% year-on-year; the Company's gross written premiums were RMB360,482 million, an increase of 4.2% year-on-year; the value of half year's sales for the six months ended 30 June 2018 was RMB28,166 million, a decrease of 23.7% year-on-year. The Company's market share in the first half of 2
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