The First Insurance Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 26, 2022
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The First Insurance Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was TWD 1,739.7 million compared to TWD 1,573 million a year ago. Net income was TWD 170.4 million compared to TWD 114.41 million a year ago. Basic earnings per share was TWD 0.57 compared to TWD 0.38 a year ago. Diluted earnings per share was TWD 0.57 compared to TWD 0.38 a year ago.
For the six months, revenue was TWD 3,409.43 million compared to TWD 3,126.57 million a year ago. Net income was TWD 285.87 million compared to TWD 184.43 million a year ago. Basic earnings per share was TWD 0.95 compared to TWD 0.61 a year ago. Diluted earnings per share was TWD 0.95 compared to TWD 0.61 a year ago.
First Insurance Co Ltd is a Taiwan-based company principally engaged in the sale of property insurance, as well as the related businesses. The main services and products include fire insurance, marine insurance, automobile insurance, engineering insurance, liability insurance, guarantee insurance, credit insurance, aviation insurance, accident insurance, health insurance, other insurance, such as the cash insurance, theft insurance, bank comprehensive insurance and others. The Company is also engaged in the provision of reinsurance services. The Company mainly operates in Taiwan.