Home » Business » China Development Financial Holdings (2883) October Self-financed Profit Announcement: Monthly Profit of 1.272 Billion Yuan, Cumulative After-tax Profit of 18.832 Billion Yuan, EPS of 1.12 Yuan – Update on Year-to-Date Performance

China Development Financial Holdings (2883) October Self-financed Profit Announcement: Monthly Profit of 1.272 Billion Yuan, Cumulative After-tax Profit of 18.832 Billion Yuan, EPS of 1.12 Yuan – Update on Year-to-Date Performance

890,000 shareholders look over! Development Financial Holdings (2883) recently announced its self-financed profit for October today (9th). The profit after tax for a single month was 1.272 billion yuan, a monthly decrease of 40% and an annual increase of 4.6 times. The cumulative after-tax profit for the first ten months of this year was 1.272 billion yuan. Profit reached 18.832 billion yuan, a year-on-year decrease of approximately 8.36%, which further narrowed the range. There is a chance that it will turn into positive growth before the end of the year, with earnings per share of 1.12 yuan.

Further reading:Seven Financial Holdings earned RMB 121.3 billion in the first ten months, an increase of nearly 30% year-on-year. Mega Gold’s EPS is currently RMB 2.05.

On the 8th, China Development Financial Holdings announced self-imposed profits in August. (Photo / Newspaper photo)

Development Financial Holdings said that its subsidiary China Life benefited from the continued appreciation of the US dollar against the New Taiwan dollar, which helped reduce exchange costs. It made an after-tax profit of 1.107 billion yuan in October. The cumulative after-tax net profit for the first ten months of this year was 12.417 billion yuan.

KGI Bank’s various businesses performed steadily, and deposit momentum continued to grow, which contributed to the contribution of core income such as interest and fee income. The after-tax profit in October was 470 million yuan. The cumulative after-tax profit for the first ten months of this year was 4.710 billion. Yuan.

The Taiwan stock index retreated and consolidated, limiting profits from KGI Securities’ brokerage, proprietary operations, bonds and other businesses. KGI Securities made an after-tax profit of 304 million yuan in October, and the cumulative after-tax profit for the first ten months was 5.694 billion yuan. Profit increased by approximately 111% compared with the same period last year. China Development Capital’s investment position evaluation was affected by market fluctuations. China Development Capital suffered an after-tax loss of 99 million yuan in October, and the cumulative after-tax profit for the first ten months was 1.330 billion yuan. Compared with the same period last year, operations still turned a profit.

Development Financial Holdings stated that the global economy will still face uncertainties such as rising U.S. bond yields, the pace of interest rate hikes by the Federal Reserve, and geopolitical conflicts in the fourth quarter. Development Financial Holdings will focus on executing core strategies to reduce operational risks and maintain long-term stability. Business development.

Yahoo Finance special correspondent Ye Yiru: 22 years of experience in mainstream financial media. From the Web1.0 bubble in 2000 to the Meta Yuanverse Web3.0, he has witnessed the rise and fall of Taiwan’s large and small enterprise groups and has experienced five international financial crises. We believe that finance is life and is everywhere. No matter how difficult financial knowledge is, we should explain it in a simple way. Everyone, young and old, should manage money. If you don’t manage money, money will not care about you.

2023-11-09 10:08:08
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