Samsung Fire & Marine Insurance Co Ltd (XKRX:000810)
â‚© 335000 -12500 (-3.6%) Market Cap: 14.06 Til Enterprise Value: 14.06 Til PE Ratio: 7.47 PB Ratio: 0.88 GF Score: 62/100

Q3 2022 Samsung Fire & Marine Insurance Co Ltd Earnings Call Transcript

Nov 10, 2022 / 01:00AM GMT
Release Date Price: â‚©201000 (-0.74%)
Unidentified Company Representative

[Interpreted]

Good morning. I am (inaudible), Head of the IR team. Thank you for joining Samsung Fire & Marine Insurance's Q3 2022 Earnings Conference Call.

We will begin with our CFO, EVP, Hong Seong-Woo's presentation on key earnings highlights and future business strategy, followed by questions, to which answers will be provided by the management team. The whole session will last around 1-hour, including the Q&A.

I will now invite CFO, Hong, to present the earnings.

Hong Seong;Woo
Samsung Fire & Marine Insurance Co., Ltd. - CFO

[Interpreted]

Good afternoon -- good morning, excuse me. I'm Hong Seong-Woo, the CFO. Allow me to present on the Q3 2022 earnings results.

Q3 pretax profit reported KRW 385.8 billion, while net profit was up 1.6% on year, rising to KRW 282.7 billion. On a cumulative basis, pretax profit reported KRW 1,414.4 billion and net profit KRW 1,032.6 billion, recording 13.6% rise if we were to exclude special dividend from Samsung

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