Fubon Financial Subsidiaries Show Strong Momentum

Reported 12 months ago

Fubon Financial Holding Co. (2881) reported a record high monthly net profit of 16.02 billion NTD in May, with a total of 59.43 billion NTD in net profit for the first five months of the year and an EPS of 4.57 NTD. Subsidiaries like Bank of Taiwan, Fubon Securities, and Fubon Life also achieved record high profits due to capital gains in May. Fubon Life's profit doubled compared to last year, showing promising results from product transformation. Fubon Financial's stock price closed at 79.3 NTD on the 28th, with a slight increase of 1 NTD for the week. Institutional investors bought 24,671 shares over the past five business days, with foreign investors leading the way.

Source: YAHOO

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