Bank of Kaohsiung Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 03:22 am EST
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Bank of Kaohsiung Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was TWD 619.53 million compared to TWD 741.22 million a year ago. Net income was TWD 220.86 million compared to TWD 212.16 million a year ago. Basic earnings per share from continuing operations was TWD 0.18 compared to TWD 0.17 a year ago. Diluted earnings per share from continuing operations was TWD 0.18 compared to TWD 0.17 a year ago.
For the nine months, net interest income was TWD 1,920.81 million compared to TWD 2,172.32 million a year ago. Net income was TWD 691.56 million compared to TWD 784.94 million a year ago. Basic earnings per share from continuing operations was TWD 0.56 compared to TWD 0.61 a year ago. Diluted earnings per share from continuing operations was TWD 0.56 compared to TWD 0.61 a year ago.
Bank of Kaohsiung, Ltd. (the Bank) is a Taiwan-based commercial bank. The Bankâs businesses consist of wealth management business, including various financial products and services; consumer banking business, including mortgage loans, individual credit loans, tuition loans and credit cards; corporate banking business, including loans for capital expenditure, project loans, issuance of local letters of credit, guarantees, acceptances and others; electronic financial business, including Web banks, telephone voice services, financial electronic data interchange and others; foreign exchange business, including foreign currency deposit, foreign currency loans, remittances and others; trust business, including trust of securities, custody services and others; investing business, including transactions of stocks, beneficiary certificates for funds, short-term bills, preferred stocks with fixed income, government bond, corporate bond and others, as well as gold passbook business.