Q4 2023 Cathay Financial Holding Co Ltd Earnings Call Transcript

Mar 15, 2024 / 09:00AM GMT
Operator

Welcome, everyone, to Cathay Financial Holding Company Fourth Quarter 2023 Results Webinar. (Operator Instructions). I would like to introduce Mr. C.K. Lee, President of Cathay Financial Holdings. Mr. Lee, you may begin.

Chang-Ken Lee - Cathay Financial Holding Co., Ltd. - President & Director

Good afternoon and good morning to Los in Europe. Welcome to Cathay Financial Holdings 2023 First Quarter Analyst Meeting in CKD Cathay Financial Holdings. Today, we will -- I will host the meeting. Thank you for joining us today. In the beginning, I would like to introduce some senior managers on the line today we have Ms. Grace Chen, CFO of Cathay Financial Holdings; Mr. Abel Lin, Manager Senior VP of Cathay Life, Mr. Kevin Hu, Senior EVP of Cathay United Bank.

Before we begin the presentation, I'd like to make some comments. Cathay Financial Holdings earnings from the pickup in 2023. The net income grew by 36% to TWD 51.5 billion. Our core business remained resilient.

The bank delivered another record high earnings with robust

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