India, May 15 -- DB Insurance Co., Ltd. (005830.KS) on Friday reported lower profit for the first quarter, despite higher revenue.
Profit before tax from continuing operations declined 28.6% to 459.549 billion won from 643.311 billion won last year.
Operating income fell 28.5% to 462.700 billion won from 646.688 billion won a year earlier.
Net income dropped 39.9% to 268.504 billion won from 446.987 billion won in the same period last year.
Sales, however, increased 16.2% year-on-year to 5.778 trillion won from 4.974 trillion won.
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