The First Insurance Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 10, 2021
Share
The First Insurance Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported revenue was TWD 1,752.83 million compared to TWD 1,574.03 million a year ago. Net income was TWD 283.52 million compared to TWD 144.05 million a year ago. Basic earnings per share from continuing operations was TWD 0.94 compared to TWD 0.48 a year ago. Diluted earnings per share from continuing operations was TWD 0.94 compared to TWD 0.48 a year ago.
For the nine months, revenue was TWD 4,879.4 million compared to TWD 4,332.67 million a year ago. Net income was TWD 467.95 million compared to TWD 187.81 million a year ago. Basic earnings per share from continuing operations was TWD 1.55 compared to TWD 0.62 a year ago. Diluted earnings per share from continuing operations was TWD 1.55 compared to TWD 0.62 a year ago.
First Insurance Co Ltd is a Taiwan-based company principally engaged in the sale of property insurance, as well as the related businesses. The main services and products include fire insurance, marine insurance, automobile insurance, engineering insurance, liability insurance, guarantee insurance, credit insurance, aviation insurance, accident insurance, health insurance, other insurance, such as the cash insurance, theft insurance, bank comprehensive insurance and others. The Company is also engaged in the provision of reinsurance services. The Company mainly operates in Taiwan.