Reported about 1 year ago
Four government-owned financial institutions and two banks have all reported increased profits in the first half of the year compared to the same period last year. Mega Financial Holding (2886) achieved over 20 billion in profits in the first half of the year, with an earnings per share of 1.42, marking an 8.69% year-on-year increase and securing the top position in government-owned financial institutions. Other institutions like First Financial Holding and Hua Nan Financial Holding also saw profit growth, with both entering the billion-profit club in the first half of the year. But despite the overall positive performance, some institutions faced challenges such as reduced profit due to bad debt recovery and tax issues.
Source: YAHOO