First Gold earned 28.001 billion in the first ten months, a new high for the same period, and EPS reached 1.95 yuan

First Gold earned 28 billion yuan in the first ten months, a new high for the same period.

[Reporter Chen Meiying/Taipei Report] First Financial Holdings (2892) announced its self-accounted profit in October. Affected by the fluctuations in the capital market and the decline in profits of non-bank subsidiaries, the after-tax surplus in a single month was 1.776 billion yuan. A decrease of 25.2%; the cumulative after-tax profit for the first ten months was 28.001 billion yuan, a record high for the same period in the past, exceeding last year's full profit, with an annual increase of 19.6%, and after-tax earnings per share (EPS) of 1.95 yuan.

First Gold pointed out that First Bank's after-tax earnings fell slightly by 2.002 billion yuan in October, a month-on-month decrease of 5.2%. Among them, the growth of core business net interest income and net income, coupled with the increase in financial product income, partially offset the impact of higher net deposits. The coverage rate was 863.52%, and the over-release ratio remained at 0.16%. The cumulative after-tax surplus for the first ten months was 25.225 billion yuan, an annual increase of 13.6%.

Non-bank subsidiaries were affected by capital market fluctuations. Due to a decrease in investment income, First Gold Securities’ after-tax surplus fell to 73.34 million yuan in October, a monthly decrease of 70.7%. However, the cumulative after-tax surplus for the first ten months still reached 2.078 billion yuan, an annual increase of 143.4%.

Affected by weak financial performance in October, First Gold Life recorded a single-month after-tax loss of 83.81 million yuan, and a cumulative after-tax surplus of 564 million yuan in the first ten months.