China Life net profit rises 22.8 pct
Take me away, mom Animals on the Road	“Water Margin” on eggs Cat the occupier Adorable animals pose like stars Cuddle up together, battling against blizzard Sunshine in the life

 

China Life Insurance Co., the country's biggest life insurer, said Wednesday that its net profit for the first three quarters rose 22.8 percent year on year to 33.8 billion yuan (5.3 billion U.S. dollars).

The company attributed the growth to rising investment revenue and sound business development.

During the January-September period, the company's business revenue came in at 424 billion yuan, up 21.9 percent year on year.

By the end of September, China Life had total assets of 2.3 trillion yuan, rising 3.4 percent from the end of last year.

Its share price went down 2.61 percent on Wednesday, ending the day at 26.89 yuan.

Author： 　　　Source：xinhua　　　 Editor：Yang Fan