Shin Kong Financial Holding Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 25, 2022
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Shin Kong Financial Holding Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net loss was TWD 593.41 million compared to net income of TWD 4,160.78 million a year ago. Basic loss per share from continuing operations was TWD 0.07 compared to basic earnings per share from continuing operations of TWD 0.32 a year ago. Diluted loss per share from continuing operations was TWD 0.07 compared to diluted earnings per share from continuing operations of TWD 0.31 a year ago. Basic loss per share was TWD 0.07 compared to basic earnings per share of TWD 0.32 a year ago. Diluted loss per share was TWD 0.07 compared to diluted earnings per share of TWD 0.31 a year ago.
For the six months, net income was TWD 2,864.7 million compared to TWD 13,585.57 million a year ago. Basic earnings per share from continuing operations was TWD 0.16 compared to TWD 1.04 a year ago. Diluted earnings per share from continuing operations was TWD 0.16 compared to TWD 1 a year ago. Basic earnings per share was TWD 0.16 compared to TWD 1.04 a year ago. Diluted earnings per share was TWD 0.16 compared to TWD 1 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.