China Life Q1 profit falls 22pc
SHANGHAI, April 25 — China Life , the world’s biggest life insurer by market value, recorded a worse-than-expected 22 per cent fall in first-quarter profit on lower investment returns, a source with direct knowledge of the matter said. The insurer’s January-March net profit fell to 7.97 billion yuan (RM3.6 billion), compared with 10.2 billion yuan …

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