Shin Kong Financial Holding Co., Ltd. Reports Unaudited Earnings Results for the Month and Year to Date Ended December 2012
January 09, 2013 at 06:07 am EST
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Shin Kong Financial Holding Co., Ltd. reported unaudited earnings results for the month and year to date ended December 2012. For the month, the company reported loss after tax of TWD 354 million.
For the year to date, the company reported profit after tax of TWD 9,774 million or TWD 1.16 per share. The cumulative after tax earnings per share (EPS) for 2012 would be TWD 1.17, if the company was not adopting the FX reserve mechanism.
Shin Kong Financial Holding Co Ltd is a Taiwan-based financing holding company principally engaged in the financing businesses. The Company mainly operates through four business segments. The Insurance Business segment is mainly engaged in the provision of life insurance and other insurances, such as personal life insurance, personal health insurance, group insurance, injury insurance, annuity insurance, investment insurance and others. The Banking Business segment is mainly engaged in the deposit, loan, credit card, debit card, bill and bond trading, as well as foreign exchange trading businesses. The Securities Business segment is mainly engaged in the trading of securities. The Others segment is mainly engaged in the provision of other financing related businesses.