Seoul: Hanwha Life Insurance Co. on Wednesday reported a second-quarter net income of 522.9 billion won (US$369.2 million), marking a 215.5 percent increase from the same period last year.

According to Yonhap News Agency, the company disclosed in a regulatory filing that its operating profit for the quarter reached 626.8 billion won, a significant rise from 240.7 billion won the previous year. Additionally, Hanwha Life's sales saw a notable increase of 61.8 percent, totaling 12.6 trillion won for the quarter.