Cumulative Eight‑Month Net Profit After‑Tax of NT$36.29 Billion, EPS NT$2.11, Surpassing All Previous Full‑Year Records
Including FVOCI Stock Disposal Gains, Contribution to Retained Earnings Reaches NT$86.296 Billion
KGI Financial Holding (KGI) today (11th) announced its unaudited financial results for August, with profit after‑tax reaching NT$5.761 billion. Cumulative profit after‑tax for the first eight months of the year was NT$36.29 billion, with earnings per share (EPS) of NT$2.11, surpassing all previous full‑year profit records. In August, FVOCI stock disposal gains amounted to NT$5.161 billion; combined with monthly profit after‑tax, the total contribution to retained earnings was NT$10.922 billion. Year‑to‑date, KGI Financial Holding realized stock disposal gains of NT$50.006 billion, and together with profit after‑tax, the total contribution to retained earnings reached NT$86.296 billion, setting a new historical high for the same period.
KGI Financial Holding stated that in August, renewed confidence in AI demand and the fundamentals of the technology industry drove strength in semiconductor and AI supply‑chain blue‑chip stocks, with foreign investors simultaneously returning to the market. Taiwan’s equity market showed a recovery trend, while the Group’s life insurance and securities subsidiaries continued to contribute steadily to overall profitability.
In life insurance, KGI Life recorded new contract premium income of NT$16.1 billion in August, up 201% YoY, marking another five year monthly high. Cumulative new contract premium income for the first eight months reached NT$91.3 billion, representing 94% YoY growth. Benefiting from sustained market momentum, demand for investment linked policies continued to rise, with August investment linked new contract premium income reaching NT$8.7 billion, a sharp 602% YoY increase. Cumulative investment linked new contract premium income for the first eight months totaled NT$47.8 billion, up 473% YoY. Traditional policy sales also delivered strong results, with foreign‑currency policies and participating policies serving as the main growth drivers. In August, foreign‑currency premium income rose 69% YoY, while cumulative foreign‑currency premium income for the first eight months increased 53% YoY. Participating policy premium income surged 1,630% YoY in August, with cumulative premium income for the first eight months up 985% YoY, reflecting the success of product portfolio optimization and continuing to support new‑contract business growth. On the investment side, KGI Life adhered to prudent investment principles, carefully capturing market opportunities and realizing equity capital gains at the right time. Net profit after‑tax in August reached NT$2.249 billion. Including FVOCI stock disposal gains of NT$5.162 billion, the total monthly contribution to retained earnings was NT$7.411 billion. For the first eight months of the year, cumulative net profit after‑tax was NT$12.653 billion. Including FVOCI stock disposal gains of NT$49.717 billion, the total contribution to retained earnings amounted to NT$62.37 billion.
In securities, August benefited from sustained momentum across all business lines, with net profit after‑tax of NT$4.096 billion, the highest monthly result on record. Cumulative net profit after‑tax for the first eight months reached NT$22.754 billion, setting a new high for the period and representing 235% YoY growth. Underwriting operations leveraged precise deal‑selection capabilities, focusing on core industries such as AI and semiconductors. For the first eight months, lead‑managed underwriting volume accounted for nearly 40% of the market share, maintaining the No. 1 position in the industry, with quality deal flow driving record underwriting fee income and capital gains. Wealth management operations in the Asia‑Pacific region continued to expand, with revenues in Taiwan and Hong Kong sustaining strong momentum and reaching new highs. Meanwhile, derivatives and equity options trading flexibly captured market opportunities, deploying diversified trading strategies that continued to contribute to profitability.
In banking, KGI Bank recorded a net loss after‑tax of NT$299 million in August due to additional provisions for risk assessment in green‑energy lending. Cumulative pre‑provision net profit for the first eight months was NT$6.789 billion, representing 16% YoY growth, with net profit after‑tax of NT$4.655 billion. Supported by core earnings momentum from interest and fee income, overall operating performance remained stable. Wealth‑management business growth was particularly strong, with fee income rising more than 30% YoY. KGI Bank remains highly confident in achieving its full‑year profit target.
Looking ahead, KGI Financial Holding will continue to implement the ONE KGI development strategy, strengthening cross‑subsidiary resource integration and synergies. By combining a stable dividend policy with financial structure optimization, the Group is committed to building diversified growth engines, enhancing operational efficiency, and creating long‑term sustainable value for customers and shareholders.
