Concord Securities Co., Ltd. Reports Consolidated Earnings Results for the Month and Year to Date Ended December 2016; Reports Asset Impairment for the Month of December 2016
January 10, 2017 at 04:56 am
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Concord Securities Co., Ltd. reported consolidated earnings results for the month and year to date ended December 2016. For the month, the company reported net loss before tax of TWD 73,504,000 or TWD 0.12 per share and net loss after tax of TWD 71,733,000 or TWD 0.11 per share a year ago.
For the year to date, the company reported net loss before tax of TWD 351,901,000 or TWD 0.59 per share and net loss after tax of TWD 370,830,000 or TWD 0.59 per share a year ago.
The company recognized asset impairment loss of TWD 20,282,000 in December 2016.
Concord Securities Co., Ltd. is a Taiwan-based security company. The Company operates its businesses through six segments. Brokerage Segment is mainly engaged in securities trading, futures assistant services and overseas funds for sale. Underwriting Segment is mainly engaged in providing assistance services to listed companies and providing relevant planning and consulting services. Proprietary Segment is mainly engaged in trading securities by itself. Bond Segment is mainly engaged in bond trading and bond investment advisory services. New Financial Commodities Segment is mainly engaged in the issue and purchase of warrants, structured notes and other derivative instruments. Wealth Management Segment is mainly engaged in financial consulting and financial planning services. The Company operates its businesses primarily in Taiwan.
Concord Securities Co., Ltd. Reports Consolidated Earnings Results for the Month and Year to Date Ended December 2016; Reports Asset Impairment for the Month of December 2016