Fubon Financial Holding Co. Scored After-Tax Profits of NT$2.25 Billion

Fubon Financial Holding Co. scored after-tax profits of NT$2.25 billion (US$75 million) in August, with first-eight-month revenues of NT$20.24 billion (US$674.67 million), and earnings per share (EPS) of NT$2.13 (US$0.071), the highest among Taiwan’s 15 financial holding companies (FHCs).

Victor Kung, president of Fubon, attributes such massive profits to the sizable stock dividend of NT$7 billion (US$233.33 million) received in July.

Fubon is the first FHC in Taiwan to exceed profits of NT$20 billion (US$666.67 million) and EPS of NT$2 (US$0.067) as of August. In the same period other FHCs with profits over NT$10 billion (US$333.33 million) were in sequence Mega Financial Holding Co., Chinatrust Financial Holding Co., Cathay Financial Holding Co., and Shin Kong Financial Holding Co.

Taiwan’s FHCs with EPS Exceeding NT$1 in First 8 Months
FHC	EPS (NT$)
Fubon	2.13
Mega	1.41
Shin Kong	1.22
Chinatrust	1.21
E. Sun Financial Holding	1.06
Cathay	1.03
First Financial Holding	1.03