Fri, Aug 05, 2005 - Page 11 News List

Cathay foresees better second half

FINANCIAL SERVICES The company reported weaker results for the first half relative to its smaller rivals, but forecast that profits would improve in the second half

By Amber Chung  /  STAFF REPORTER

Cathay Financial's shares dropped 1.1 percent to NT$63 on the Taiwan Stock Exchange yesterday, before its second quarter results were released.

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