Reported 8 months ago
Uni-President Group's stable profits from investments in Uni-President Central Control and merging with Carrefour Taiwan, led to a 20.8% year-on-year increase in first-quarter revenue to 158.756 billion yuan. Meanwhile, Hua Nan Financial saw a net profit of 2.018 billion yuan in May. Despite the Taiwan Stock Exchange dropping over 400 points on June 24th, both stocks rose against the trend. Uni-President's revenue for the first five months reached 265.889 billion yuan, and its EPS was 0.97 yuan, driven by the success of new brands and products. Hua Nan Financial's net profit for the same period grew by 15.53% to 9.507 billion yuan, and with its involvement in the high-dividend low-volatility ETF, its stock price continued to rise, gaining over 0.76% on June 24th.
Source: YAHOO