Fubon Financial Holding Co (
Net income rose to NT$15.1 billion (US$475 million) or NT$2.04 a share, from NT$14 billion or NT$1.91 a share in 2003, it said in a statement to the Taiwan Stock Exchange. The unaudited profit fell short of the company's forecast of NT$16 billion profit for the year.
Taiwan's financial institutions have benefited from last year's expected 5.93 percent expansion for the economy, which grew 3.3 percent in 2003. Total lending by the nation's financial institutions gained 10.7 percent to NT$15.9 trillion in December from a year earlier, the central bank said.
Also yesterday, Hua Nan Financial Co (華南金控), Taiwan's fourth-biggest financial services group, forecast profit of NT$10.7 billion (US$336.8 million) for this year, unchanged from its unaudited profit last year.
Hua Nan expects earnings per share of NT$1.93 this year, with unaudited profit of NT$10.7 billion, or NT$1.92 a share last year.
Chinatrust Financial Holding Co (中信金控), the nation's sixth-biggest financial services company posted profit of NT$15.4 billion (US$484 million) for last year, citing unaudited figures.
Net income fell short of the company's forecast of NT$17.2 billion, Chinatrust said in a statement to the stock exchange, without giving any reasons. Chinatrust posted earnings per share of NT$2.60 for last year, it said.
The Eurovision Song Contest has seen a surge in punter interest at the bookmakers, becoming a major betting event, experts said ahead of last night’s giant glamfest in Basel. “Eurovision has quietly become one of the biggest betting events of the year,” said Tomi Huttunen, senior manager of the Online Computer Finland (OCS) betting and casino platform. Betting sites have long been used to gauge which way voters might be leaning ahead of the world’s biggest televised live music event. However, bookmakers highlight a huge increase in engagement in recent years — and this year in particular. “We’ve already passed 2023’s total activity and
Nvidia Corp CEO Jensen Huang (黃仁勳) today announced that his company has selected "Beitou Shilin" in Taipei for its new Taiwan office, called Nvidia Constellation, putting an end to months of speculation. Industry sources have said that the tech giant has been eyeing the Beitou Shilin Science Park as the site of its new overseas headquarters, and speculated that the new headquarters would be built on two plots of land designated as "T17" and "T18," which span 3.89 hectares in the park. "I think it's time for us to reveal one of the largest products we've ever built," Huang said near the
China yesterday announced anti-dumping duties as high as 74.9 percent on imports of polyoxymethylene (POM) copolymers, a type of engineering plastic, from Taiwan, the US, the EU and Japan. The Chinese Ministry of Commerce’s findings conclude a probe launched in May last year, shortly after the US sharply increased tariffs on Chinese electric vehicles, computer chips and other imports. POM copolymers can partially replace metals such as copper and zinc, and have various applications, including in auto parts, electronics and medical equipment, the Chinese ministry has said. In January, it said initial investigations had determined that dumping was taking place, and implemented preliminary
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