CDF announced net profits of NT$818 million for the month of November 2018

Dec 10, 2018
Financials
China Development Financial Holding (CDF) announced November earnings today. According to CDF spokesperson Eddy Chang, trading volume declined last month despite a rebound in capital markets, as the global financial environment remained volatile. CDF reported preliminary net profit of NT$818mn in November, taking cumulative net profit in January-November 2018 to NT$7.95bn, or EPS of NT$0.55. 

Among subsidiaries, KGI Bank relied on net interest income and fee income for earnings in November, but a volatile financial market constrained trading performance, leading to net loss of NT$76mn. Cumulative net profit in January-November totaled NT$2.39bn. 

KGI Securities benefited from stabilizing capital markets, which boosted its investment gains, posting net profit of NT$199mn in November, with January-November 2018 net profit amounting to NT$3.49bn. 

CDIB Capital Group reported net profit of NT$910mn in November and NT$2.19bn in January-November 2018 on rising investment valuations. 
next news
CDF announced net losses of NT$1.39 billion for the month of October 2018
Nov 9, 2018
learn more
This website uses cookies to offer you the best services. By continuing to browse or by clicking Accept, you agree to the storing of cookies on your device for the optimal experience. 
ACCEPT