Reported about 1 year ago
According to reports from Taipei by Sun Binxun on July 6, 2024, due to the depreciation of the New Taiwan Dollar in June, it is anticipated that life insurance companies will actively realize capital gains on stocks, potentially leading to 14 financial holding companies earning over NT$320 billion in the first half of the year, with profit growth exceeding 50%. The performance of these companies in the first five months indicates a trend of double-digit profit growth across banking, life insurance, and securities sectors compared to the same period last year, with ten financial holding companies already earning over NT$10 billion after taxes.
Source: YAHOO