Thu, Jan 11, 2007 - Page 11 News List

Chinatrust posts new loss

THREE STRAIGHT The financial holding firm suffered from a government investigation into possible illegal transactions in buying part of Mega Financial Holding

BLOOMBERG

January-December profit was NT$8.23 billion, based on unaudited figures. That was 22 percent less than the NT$10.6 billion posted a year earlier.

China Development Financial Holding Corp (中華開發金控), the nation's fifth-biggest financial services company by market value, posted a 32 percent gain in fourth-quarter profit.

Net income rose to NT$2.66 billion from NT$2.02 billion a year earlier. Full-year profit rose 45 percent to NT$15.2 billion, based on unaudited figures, the company said.

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