Shin Kong Financial Holding Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 20, 2021
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Shin Kong Financial Holding Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced net income was TWD 9,424.790 million compared to TWD 7,618.988 million a year ago. Basic earnings per share was TWD 0.72 compared to TWD 0.61 a year ago. Diluted earnings per share was TWD 0.69 compared to TWD 0.58 a year ago.
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.