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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Cathay Financial Holding Company (PK) | USOTC:CHYYY | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 13.5333 | 9.41 | 14.41 | 0.00 | 00:00:00 |
Cathay Financial Holdings Co. (2882.TW), Taiwan's largest financial conglomerate by listed assets, Monday posted a 22% on-year drop in its first-half unaudited net profit, dragged by a net loss at its life-insurance unit.
Cathay Financial reported an unaudited net profit of 5.17 billion New Taiwan dollars (US$172.8 million) for the six months ended June 30. It reported a first-half net profit of NT$6.64 billion last year.
In the first half of this year, Cathay's life-insurance unit recorded a net loss of NT$1.56 billion, while its banking unit Cathay United Bank posted a net profit of NT$6.65 billion. The company didn't elaborate on its result.
Write to Jenny W. Hsu at jenny.hsu@dowjones.com
1 Year Cathay Financial (PK) Chart |
1 Month Cathay Financial (PK) Chart |
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