Listed firms report record profit from investmentsBy Kao Shih-ching / Staff reporterListed firms in Taiwan reported record combined profit of NT$243 billion (US$8.78 billion) from investments in China and NT$576.3 billion from investments in other overseas markets in the first half of this year, with the electronics, semiconductor and shipping sectors contributing the most, the Financial Supervisory Commission said yesterday. Commission data showed that as of the end of June, 1,196 listed companies, or about 73 percent of the nation’s 1,629 listed firms, had investments in China. Semiconductor firms were third, with a combined profit of NT$22.4 billion, up 62 percent, the commission said. Listed firms reported combined profit of NT$576.3 billion from overseas investments, excluding China, up 275 percent from NT$209.3 billion a year earlier, it said. Computer suppliers and semiconductor firms were second and third respectively, with combined profit of NT$53.6 billion and NT$48.7 billion, the commission added.

Source: Taipei Times September 07, 2021 15:56 UTC