Taiwan's Financial Sectors Achieve Record Q1 Profits of Nearly NT$371 Billion, Driven by Bull Market
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Taiwan's three major financial sectors (banking, insurance, and securities/futures/investment trusts) collectively achieved a pre-tax profit of NT$370.997 billion in the first quarter of this year, surpassing NT$317.63 billion in Q1 2021 and setting a new record for the same period. This strong performance was primarily driven by a robust stock market and thriving exports from the AI and semiconductor industries.