Taiwan Cooperative aims to match economic growth


Source: taipeitimes.com taipeitimes.com

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Wed, Nov 25, 2020 page12 Taiwan Cooperative aims to match economic growth RESTRICTED: The conglomerate’s net income for the first three quarters dropped 6.29% from a year earlier, due to the low interest rate environment, its president said By Crystal Hsu / Staff reporter Taiwan Cooperative Financial Holding Co (TCFH, 合庫金控) aims to improve its business next year in line with the nation’s economic growth, but uncertainty related to the COVID-19 pandemic lingers, top executives told an investors’ conference yesterday. The guardedly positive view was shared after the state-run conglomerate reported NT$12.39 billion (US$429.75 million) in net income for the...