Samsung Fire and Marine Insurance Co. on Thursday reported its 2023 net profit of 1.82 trillion won (US$1.4 billion), up 12 percent from a year earlier.

The company said in a regulatory filing that it posted 2.35 trillion won in operating profit for the year, compared with 2.04 trillion from the previous year. Annual revenue rose 6.2 percent to 20.82 trillion won.

Source: Yonhap News Agency