China Life Insurance Co Ltd (MEX:LFC)
MXN 145.28 0 (0%) Market Cap: 821.26 Bil Enterprise Value: 774.75 Bil PE Ratio: 13.68 PB Ratio: 2.11 GF Score: 70/100

Q1 2020 China Life Insurance Co Ltd Earnings Call Transcript

Apr 23, 2020 / 11:45AM GMT
Release Date Price: MXN215.19
Li Yinghui
China Life Insurance Company Limited - IR Executive

Good evening, ladies and gentlemen. Welcome to China Life's 2020 First Quarter Results Briefing. My name is Li Yinghui, executive representative of the company. Today, the management to attend the briefing includes Mr. Li, Mingguang, Vice President, Chief Actuary and Board Secretary; Ms. Hong Yang, Vice President; Mr. Zhan, Zhong, Vice President. We also have some heads of department attending today's briefing.

Now we will start with a 5-minute presentation on the company's 2020 first quarter results, followed by the Q&A session for around 20 minutes.

I will hand over to Ms. Grace Hou, Head of the IR Division, for the briefing.

Grace Hou
China Life Insurance Company Limited - IR Executive

Thank you. I would like to announce our first quarter results briefing for the moment. In the first quarter of 2020, facing the complicated and severe external environment and an unexpected outbreak of COVID-19, the company adopted a proactive approach for both the pandemic prevention and

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