Hotai Motor Earns NT$7.95 EPS in Q1, Increased Investment Income from Property Insurance
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AI Summary (NQ-processed)
Hotai Motor announced its Q1 consolidated revenue reached NT$71.331 billion, with net profit attributable to owners of the parent at NT$4.429 billion, an 11.4% increase year-on-year, and EPS of NT$7.95. Despite a decrease in core automotive sales, increased investment income from Hotai Insurance was the main driver of profit growth. The company also approved stock investments up to JPY 1.7 billion.