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CDF August net profit of NT$1.063bn

      2019-09-10

China Development Financial (CDF) announced August preliminary net profit of NT$1.063bn today. The group’s spokesperson, Richard Chang, said accumulative January-August net profit arrived up 24% YoY to NT$10.462bn, for EPS of NT$0.72.

KGI Bank’s August net profit of NT$285mn was largely derived from net interest and fee income, in addition to solid trading gains. The bank’s January-August net profit arrived at NT$2.553bn.

KGI Securities posted August net profit of NT$464mn, and January-August net profit of NT$4.183bn, which was the result of rising TAIEX trading volume, as well as contribution from bond business and investment gains.

CDIB Capital reported August net profit of NT$62mn, and January-August net profit of NT$2.579bn, thanks to earnings momentum generated by ongoing portfolio valuation gains.

China Life posted August net profit of NT$1.739bn, and January-August net profit of NT$12.292bn.

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CDF is model of responsible corporate Citizenship. The company leads the way in maintaining good relations with Taiwanese society outside the business community by investing in day-to-day community welfare activities. In doing so, CDF reaches beyond the bounds of its role as a major investment bank and its corporate philosophy of assisting entrepreneurship and creating value for customers.
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