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Hua Nan eyes stable profit - Taipei Times

Hua Nan Financial Holding Co (華南金控) is seeking stable profit recovery for the rest of this year after net income in the first six months declined 14 percent from a year earlier amid drastic financial market volatility, the state-run conglomerate said yesterday.
Hua Nan said it would turn conservative about investment and stay on the sidelines to see how inflation and geopolitical tensions pan out.
Financial market volatility caused by Russia’s invasion of Ukraine, inflation and interest rate hikes squeezed profitability at the group, Hua Nan president Robert Li (李耀卿) told an online investors’ conference.
Net income for the first half was NT$7.99 ....

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Hua Nan calendar of scantily clad women stirs debate

A leaked calendar by a Taipei brokerage featuring images of scantily clad women is sparking a debate in Taiwan, long one of Asia’s most progressive places.
The Hua Nan Babes calendar, produced by Taipei-based Hua Nan Futures Co (華南期貨), features seven female employees in a handful of soft-core fashion shoots, with lots of sheer dresses, semi-undress and lounging.
On the cover, the group appears to be naked behind a strategically placed white sheet emblazoned with red script that reads: “Change!”
After the photographs leaked, parent company Hua Nan Securities Co (華南永昌證券), which typically ranks in the top 10 in trading in ....

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Hua Nan seeks to extend growth in second half

Hua Nan seeks to extend growth in second half
taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.

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Hua Nan Financial cautiously upbeat

Hua Nan Financial cautiously upbeat
UNCERTAINTY:
The financial holding firm is targeting 5% earnings growth this year as the global economy recovers, but added that the pandemic remains a risk
By Crystal Hsu / Staff reporter
State-run Hua Nan Financial Holding Co (華南金控) aims to grow its earnings this year at a pace in line with the nation’s GDP growth, although the COVID-19 pandemic and low interest rates would continue to weigh on its performance, senior officials told a virtual investors’ conference yesterday.
That suggests an improvement of about 5 percent after missing its pre-tax profit target last year by 4 percent mainly due to losses at its securities arm, Hua Nan Securities Co (華南永昌證券) senior vice president and general manager Jully Chu (朱婉麗) said. ....

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Hua Nan Financial eyes expansion in operations

Hua Nan Financial eyes expansion in operations
EBB AND FLOW:
While its securities arm failed to recover from losses last year, its banking company grew its business to net NT$12.46 billion in profits
By Crystal Hsu / Staff reporter
State-run Hua Nan Financial Holding Co (華南金控) aims to expand fee incomes, investment gains, overseas operations and lending to small and medium enterprises this year, it said on Wednesday.
The bank-focused conglomerate set the goal at a meeting of managers from different divisions after net income slumped to NT$8.66 billion (US$305.94 million) last year, or earnings per share of NT$0.67.
The results suggested a 48.85 percent retreat from earnings per share of NT$1.31 a year earlier, attributable mainly to losses at its subsidiary Hua Nan Securities Co (華南永昌證券). ....

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