Nov 26, 2024 / 08:30AM GMT
Operator
Thank you for standing by, and welcome to Fubon Financial's third-quarter 2024 financial results. (Operator Instructions) And this call is being recorded. (Operator Instructions) And now I will hand the call over to your host, Mr. Amanda Wang, IR Officer of Fubon Financial Holdings. Ms. Wang, please begin.
Amanda Wang - Fubon Financial Holding Co Ltd - Investor Relations
Thank you, and welcome, everyone, to join Fubon's third-quarter briefing. Firstly, please turn to page 4. The overview that you can see the first nine months, we recorded a strong result. The net profit reached over TWD120 billion with nearly 79% year-over-year growth. And the total assets and net worth also grew along with the result.
All the key driver comes from all across the major subsidiaries, including live banks, insurance and securities. In Fubon Life, the net profit of TWD77.9 billion, that's top among the local life peers in Taiwan while the driver behind is the strong investment results and also the underwriting premium outcome. In the meantime, the capital position remains
Q3 2024 Fubon Financial Holding Co Ltd Earnings Call Transcript
Nov 26, 2024
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