Summary by Moomoo AI
CHINA LIFE INSURANCE CO., LTD. ANNOUNCED ON DECEMBER 31, 2023 THAT THE COMPANY AND ITS SUBSIDIARIES ACHIEVED AN OPERATING INCOME OF RMB344.27 BILLION IN 2023, A DECREASE FROM RMB388.90 BILLION IN THE PREVIOUS YEAR. The net profit for the period was $47.55 million, down from $68.11 billion in the previous year. The company's basic earnings per share were RMB1.63 and diluted earnings per share were RMB1.63. The company announced that cash dividends will be distributed at RMB0.43 per share, totaling RMB12.15 billion. In addition, the Company's major financial activities during the reporting period include capital increases and decreases in subsidiaries and significant associated transactions with Group companies and their subsidiaries, joint ventures and joint ventures.