FFHC Annual General Meeting Approved NT$0.95 Cash Dividend and NT$0.45 Stock Dividend

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2016-06-24

On June 24, 2016, FFHC Annual General Meeting 2016 resolved to distribute a cash dividend of NT$0.95 and a stock dividend of NT$0.45 per share for 2015, as proposed by the Board. The record date of the dividend payment will be further determined by the FFHC Board of Directors under the authorization of Annual General Meeting.

The major issues approved and resolved by the Annual General Meeting are as follows:

FFHC Operation Report and Consolidated Financial Statements for 2015

FFHC combined net revenue for 2015 totaled NT$40.85 billion. Net income and after-tax earnings per share were NT$15.96 billion and NT$1.55 respectively.

Profit distribution and capitalization of 2015

Cash dividend: NT$0.95 for each share; the aggregate amount of cash dividends is NT$10.89 billion;
Stock dividend: NT$0.45 for each share; the aggregate amount of stock dividends is NT$5.16 billion, which will be capitalized at par value of NT$10 via new issuance of 516 million common stocks.

Company Profile

As of end of 2015, First Financial Holding Co., Ltd. (TWSE: 2892) is one of the largest financial groups in Taiwan, with an asset size of NT$2.50 trillion. There are more than 5 million individuals and corporate clients with a full range of product mix including retail banking, stock brokerage, asset and wealth management, and corporate and investment banking. Subsidiary First Commercial Bank is the major profit driver and has maintained its leading positions in selected areas as the SME business, home mortgages, mutual-fund distributions, deposit and lending. It currently owns 190 branches at home along with 34 overseas branches and representative offices, including US subsidiary of First Commercial Bank (USA). Subsidiary First Securities engages in brokerage, dealing, underwriting, and derivative products via its 26 operating offices around Taiwan. The assets under management by Subsidiary First Securities Investment Trust was over NT$95 billion. Other subsidiaries include First-Aviva Life Insurance Co, First Financial Assets Management Co., First Venture Capital Co., First Financial Management and Consulting Co., and First P&C Insurance Agency Co.,.

For further information, please go to www.ffhc.com.tw


Company Contacts:

Annie Lee / IR Head
Tel: +886 2 2348 4974
Email: i73020@firstbank.com.tw

K.C. Lee
Tel: +886 2348 4956
Email: kc_lee@fhc.com.tw

Keith Ke
Tel: +886 2 2348 4975
Email: Keith_ke@fhc.com.tw

Press Release (PDF)



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