Listed firms’ overseas profits exceed NT$900bnStaff writer, with CNACompanies listed on the Taiwan Stock Exchange (TWSE) and the over-the-counter (OTC) market raked in a record NT$918.1 billion (US$33.1 billion) in the first nine months of this year, the Financial Supervisory Commission said. It comprises NT$881.4 billion from companies listed on the TWSE and NT$36.7 billion from firms listed on the OTC market, the data showed. Listed firms investing in China reported a record NT$379.5 billion in total profit in the first nine months, rising NT$102.6 billion from a year earlier, the commission said. The figure comprises NT$357 billion posted by companies listed on the TWSE and NT$22.5 billion by those listed on the OTC market, the commission said. As of the end of September, 1,202 listed companies had invested in China, accounting for 73.5 percent of the companies listed on local equity markets.

Source: Taipei Times December 13, 2021 00:57 UTC