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CDF launched a high-level management team reshuffle, new management team makes grand debut - Vimarsana News

CDF launched a high-level management team reshuffle, new management team makes grand debut

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Lower investment gains hit CDF's net profit in Q1 - Vimarsana News

Lower investment gains hit CDF's net profit in Q1

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 year earlier, because of investment declines. Its securities arm, KGI Securities Ltd (凱基證券), p...