Fubon Financial Holding Co., Ltd. Announces Earnings Results for the Year Ended December 31, 2017; Provides Revenue Guidance for the Full Year O 2018
March 22, 2018 at 04:59 am
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Fubon Financial Holding Co., Ltd. announced earnings results for the year ended December 31, 2017. For the year, the company reported after tax profit attributable to owners of the parent of TWD 54.12 billion. Basic EPS was TWD 5.19. ROA and ROE of company maintains at similar level as previous year with some improvement in ROA.
For the full year of 2018, the company expects first year premium growth should resume to a more normalized level.
Fubon Financial Holding Co Ltd is a Taiwan-based financial holding company principally engaged in the sale of insurances and provision of related services. The Company mainly operates through five business segments. The Banking Business segment is mainly engaged in the banking and related businesses. The Property and Casualty Insurance Business segment is mainly engaged in the provision of various insurances. The Life Insurance Business segment is mainly engaged in the provision of life insurances. The Securities Business segment is engaged in the trading of securities and related products. The Others segment is engaged in the financial holding, venture capital, asset management and sports lottery businesses.