Cumulative Profit after-tax Reaches NT$17.587 Billion for the Year; Adjusted Cumulative Profit NT$37.457 Billion
Earnings per Share (EPS) NT$2.21
KGI Financial Holding (KGI) today (13th) announced its unaudited financial results for April, with profit after-tax reaching NT$5.898 billion. The cumulative profit after-tax for the year was NT$17.587 billion, with earnings per share (EPS) of NT$1.04. KGI Life Insurance, a subsidiary of KGI Financial Holding, has adopted the new IFRS 17 accounting standard starting this year. Under the new framework, reported profits no longer include Gains on Disposals of Stock classified as FVOCI (Fair Value through Other Comprehensive Income). With the inclusion of FVOCI stock disposal gains, KGI Financial Holding reported adjusted profit after-tax of NT$11.252 billion for April. Cumulative profit after-tax for the first four months reached NT$37.457 billion, translating into earnings per share (EPS) of NT$2.21 — a 306% increase compared to the same period last year. Both monthly and cumulative profits marked record highs. FVOCI gains or losses on stock disposals are not included in current-period profit or loss; instead, they are directly reflected in retained earnings yet still form part of distributable earnings.
Balancing capital efficiency with long-term development needs, the Board of Directors of KGI Financial Holding has approved the 2025 dividend distribution plan. Each common share is scheduled to receive a cash dividend of NT$1.00, representing an 18% increase from last year’s NT$0.85 and marking the highest payout in the company’s history. KGI Financial Holding stated that since the beginning of this year, Taiwan’s stock market index has repeatedly reached new highs, with vibrant trading momentum. The Group’s banking, securities, and life insurance businesses have capitalized on this market strength to deliver robust profit performance.
In banking operations, KGI Bank benefited from the steady expansion of deposit and loan balances, driving continuous growth in net interest income. Wealth management further boosted fee income, becoming the primary engine of profit growth. Profit after-tax for April was NT$782 million, with cumulative profit after-tax reaching NT$2.881 billion for the year — a 27% increase compared to the same period last year, demonstrating solid growth momentum.
In securities operations, KGI Securities benefited from the vibrant capital market activity, with brokerage, proprietary trading, underwriting, and derivatives businesses all contributing to revenue. Profit after-tax for April reached NT$3.85 billion, setting a new historical high for a single month. Cumulative profit after-tax for the year reached NT$9.756 billion, setting a record high for the same period. Compared to last year, this represents a 368% increase, underscoring the significant enhancement in operating momentum.
KGI Life Insurance reported strong new contract performance, with premium income of NT$9.3 billion in April — a 45% increase compared to the same period last year. Notably, investment-linked products surged to five times last year’s level for the month, marking a five-year high. Cumulative new contract premium income for the first four months reached NT$34.5 billion, representing 32% growth compared to the same period last year, supported by the dual engines of foreign currency and investment-linked products. On the investment side, flexible asset allocation and capturing opportunities in both the Taiwan and U.S. stock markets further boosted profit performance. Profit after-tax for April was NT$1.289 billion, with cumulative profit after-tax reaching NT$6.085 billion. Including realized FVOCI stock capital gains of approximately NT$5.344 billion after tax, adjusted profit for April reached NT$6.633 billion. Cumulative adjusted profit for the first four months totaled NT$25.658 billion, representing 288% growth compared to the same period last year.
Looking ahead, KGI Financial Holding reaffirmed its commitment to deepening the ONE KGI Group development strategy, enhancing the integration benefits of its three core businesses—banking, securities, and life insurance. The Group will focus on building long-term competitive advantages, strengthening profit momentum and operational resilience, and steadily advancing its sustainability agenda.
