China Life Insurance Company Limited’s Net Profit Dropped 37.3% in First Half of 2022

China Life Insurance Company Limited (中国人寿保险股份有限公司) (601628.SH) reported a net profit of 26.2 billion yuan in the first half of 2022, down 37.3% year-on-year.

Meanwhile, the company posted 528.3 billion yuan in revenue, down 4.4% year-on-year.

At the end of the reporting period, it had 5.2 trillion yuan in total assets and 4.7 trillion yuan in total liabilities, with a liability-to-asset ratio of 90.6%.