Reported 12 months ago
Shin Kong Financial Holdings (2888) reported a net profit of NT$3.716 billion for May, marking four consecutive months of profit, with a cumulative net profit of NT$10.209 billion for the first five months of the year, resulting in an earnings per share (EPS) of NT$0.66. The company's strong performance is attributed to its life insurance subsidiary's investment performance and effective hedging operations, with May being a peak competition month for new life insurance policies. The stock closed at NT$9.84 on the 28th, with significant trading volume and a slight weekly gain, despite a dip in the weekly trend.
Source: YAHOO