Taiwan-listed companies heavily profit from mainland investment

TAIPEI, Sept. 9 (Xinhua) — Taiwan-listed companies reported a record-high profit from their investment projects on the mainland in the first half of this year, the island’s financial regulatory agency said on Wednesday. Their investment projects on the mainland earned a total profit of 154.3 billion new Taiwan dollars (5.26 billion U.S. dollars) in the first six months, up by 41.7 billion dollars year on year, the agency said in a press release. The agency attributed the profit hike to the increasing demand for consumer electronics and other IT products used for long-distance communication amid the COVID-19 epidemic. A total…