China Life Insurance Co., the country's largest life insurer by revenue, reported on Tuesday a 30% rise in 2005 net profit, lifted by strong growth in investment returns and robust premium business.
China Life's net profit for the year ended Dec. 2005 rose to RMB 9.31 billion, or RMB 0.35 per share, from RMB 7.22 billion, or RMB 0.27 per share in the previous year.
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