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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.
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. ....