Steve Bertamini News Today

Bringing Taiwan to the World and the World to Taiwan

China Development Financial Holding Corp’s (CDF, 中華開發金控) net profit in the first quarter edged downward from a year earlier because of lower investment gains and decreased earnings contributions from its investment and securities arms, the company told an investors’ conference yesterday. The firm’s investment arm, CDIB Capital Group (中華開發資本), posted a net loss of NT$570 million (US$19.47 million) in the first quarter, compared with net profit of NT$1.62 billion a ye...