Concord Securities Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 12:58 am
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Concord Securities Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was TWD 575.93 million compared to TWD 705.45 million a year ago. Net loss was TWD 60.33 million compared to net income of TWD 148.91 million a year ago. Basic loss per share from continuing operations was TWD 0.1 compared to basic earnings per share from continuing operations of TWD 0.25 a year ago. Diluted loss per share from continuing operations was TWD 0.1 compared to diluted earnings per share from continuing operations of TWD 0.25 a year ago.
For the nine months, revenue was TWD 2,874.12 million compared to TWD 1,481.48 million a year ago. Net income was TWD 992.29 million compared to net loss of TWD 261.38 million a year ago. Basic earnings per share from continuing operations was TWD 1.67 compared to basic loss per share from continuing operations of TWD 0.44 a year ago. Diluted earnings per share from continuing operations was TWD 1.66 compared to diluted loss per share from continuing operations of TWD 0.44 a year ago.
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.