Reported 8 months ago
The Taiwanese stock market has been surging this year, leading to a significant increase in brokerage fee income for the country's securities industry. According to statistics from the Taiwan Stock Exchange, the total net profit after tax for all securities firms in Taiwan from January to May this year reached 41.63 billion NT dollars, a year-on-year increase of over 60%. This growth is attributed to the booming stock market. In May alone, all securities firms in Taiwan recorded a net profit of 8.325 billion NT dollars, a 19.12% monthly increase, contributing to the overall positive performance of the industry.
Source: YAHOO