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Taiwan-listed companies report earnings growth in first-half 2015

Taiwan-listed companies report earnings growth in first-half 2015

Taipei, Aug. 17 (CNA) Taiwan-listed companies, excluding financial holdings firms, reported an overall 18.43 percent average increase in pre-tax profits for the first half of 2015 thanks to good results in the semiconductor, electronics and plastics sectors, the Taiwan Stock Exchange Corp. (TWSE) said Monday. The companies' pre-tax profits totaled a combined NT$902.4 billion (US$11.6 billion) in the first six months of 2015, compared with NT$762 billion recorded a year earlier. Their January-June revenue grew by 0.98 percent year-on-year to NT$12.35 trillion, the TWSE said in a statement. Among the 785 companies listed in Taiwan, 596 reported profits in the first half of this year, which shows continued profitability among locally listed firms, the TWSE said. The 785 Taiwan-listed companies had an average earnings per share (EPS) of NT$0.94. The earnings growth in the local semiconductor sector was a result of robust demand for mobile devices and other high-end wafer applications, while profits of contract manufacturers in the electronics sector were driven by rising demand for consumer electronics products, the TWSE explained. (By Jeffrey Wu)


Updated : 2021-09-16 23:33 GMT+08:00