Latest Breaking News On - மெகா சர்வதேச வணிகரீதியானது வங்கி - Page 7 : vimarsana.com

Mega Financial Holding eyes growth as profit slips By Crystal Hsu / Staff reporter State-run Mega Financial Holding Co (兆豐金控) aims to improve its earnings ability this year by targeting overseas banking, mortgage lending and wealth management operations, company officials told an online investors conference yesterday. The bank-focused conglomerate unveiled the goal after its net income declined 14 percent to NT$25.02 billion (US$880.1 million) last year, or earnings per share of NT$1.84. Drastic interest rate cuts by central banks to mitigate the effects of the COVID-19 pandemic weighed on interest income and bancassurance, Mega Financial president David Hu (胡光華) said. The Mega Financial Holding Co offices are pictured in Taipei in an undated photograph. The company told an online investors conference yesterday that it aims to improve its earnings ability this year by targeting overseas banking, mortgage lending and wealth management operations.

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