Farglory Life Insurance Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 30, 2023 at 04:07 am EDT
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Farglory Life Insurance 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 19,281.2 million compared to TWD 21,591.58 million a year ago. Net income was TWD 1,805.02 million compared to TWD 3,838.93 million a year ago. Basic earnings per share from continuing operations was TWD 1.4356 compared to TWD 3.0594 a year ago. Diluted earnings per share from continuing operations was TWD 1.4356 compared to TWD 3.0396 a year ago.
For the six months, revenue was TWD 35,278.9 million compared to TWD 44,556.8 million a year ago. Net income was TWD 1,518.88 million compared to TWD 8,734.94 million a year ago. Basic earnings per share from continuing operations was TWD 1.2079 compared to TWD 6.9604 a year ago. Diluted earnings per share from continuing operations was TWD 1.2079 compared to TWD 6.9208 a year ago.
Farglory Life Insurance Col, Ltd. is a Taiwan-based life insurance company. The Company primarily provides personal life insurance, annuity insurance, personal health insurance, personal accident insurance, investment-type insurance and group insurance, among others. The Company is also engaged in the provision of value-added services, including free health checks, premium waivers and payment flexibility. The Company mainly operates its business in Taiwan market.