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E Sun Financial posts record-high fee income
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E.Sun Financial posts net fee income of NT$5.27bn
PROFITABLE UNIT: E.Sun Securities’ net fee income contributed to 16.3% of its parent company’s total in the first quarter, and rose 52.5% year-on-year
By Kao Shih-ching / Staff reporter
E.Sun Financial Holding Co (玉山金控) on Monday reported net fee income of NT$5.27 billion (US$189.1 million) for the first quarter of this year, the highest quarterly figure in its history, thanks to contributions from E.Sun Securities Co (玉山證券) as more investors participated on the local stock market.
E.Sun Securities’ net fee income increased 52.5 percent year-on-year to NT$840 million in the first quarter, accounting for 16.3 percent of the holding company’s net fee income, E.Sun Financial said in a statement.
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