Concord Securities Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 30, 2023 at 04:11 pm EDT
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Concord Securities Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was TWD 1,309.04 million compared to TWD 353.15 million a year ago. Net income was TWD 633.24 million compared to net loss of TWD 235.22 million a year ago. Basic earnings per share from continuing operations was TWD 1.07 compared to basic loss per share from continuing operations of TWD 0.4 a year ago. Diluted earnings per share from continuing operations was TWD 1.06 compared to diluted loss per share from continuing operations of TWD 0.4 a year ago.
For the six months, revenue was TWD 2,298.18 million compared to TWD 776.04 million a year ago. Net income was TWD 1,052.62 million compared to net loss of TWD 410.29 million a year ago. Basic earnings per share from continuing operations was TWD 1.77 compared to basic loss per share from continuing operations of TWD 0.69 a year ago. Diluted earnings per share from continuing operations was TWD 1.77 compared to diluted loss per share from continuing operations of TWD 0.69 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.