CTBC Financial : Announced on behalf of our subsidiary,Taiwan Life Insurance Co., Ltd., regarding Russia's sovereign bond and Gazprom's foreign currency bond impairment – Marketscreener.com
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Provided by: CTBC FINANCIAL HOLDING CO., LTD.
SEQ_NO
3
Date of announcement
2022/04/08
Time of announcement
17:42:33
Subject
Announced on behalf of our subsidiary,Taiwan Life
Insurance Co., Ltd., regarding Russia’s sovereign bond
and Gazprom’s foreign currency bond impairment
Date of events
2022/04/08
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2022/04/08
2.Company name:Taiwan Life Insurance Co., Ltd.
3.Relationship to the Company (please enter “head office” or
“subsidiaries”):subsidiaries
4.Reciprocal shareholding ratios:100% subsidiary of CFHC
5.Cause of occurrence:according to IFRS(International Financial Reporting
Standards) 9
6.Countermeasures:N/A
7.Any other matters that need to be specified:The total investment cost of
Russia’s sovereign bond and Gazprom’s foreign currency bond is NTD$9,670,451
thousand.Russia may not have the ability to pay the principle and interest
payments of outstanding bonds due to the sanctions imposed on Russia over
Ukraine invasion.NTD$581,554 thousand loss would be caused by imparment
amount on March 31st, 2022.
Disclaimer
CTBC Financial Holding Co. Ltd. published this content on 08 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 April 2022 09:58:05 UTC.
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Sales 2022
227 B
7 857 M
7 857 M
Net income 2022
56 100 M
1 944 M
1 944 M
Net Debt 2022
–
–
–
P/E ratio 2022
10,7x
Yield 2022
4,41%
Capitalization
592 B
20 504 M
20 504 M
Capi. / Sales 2022
2,61x
Capi. / Sales 2023
2,42x
Nbr of Employees
21 159
Free-Float
92,3%
Chart CTBC FINANCIAL HOLDING CO., LTD.
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Technical analysis trends CTBC FINANCIAL HOLDING CO., LTD.
Short TermMid-TermLong TermTrendsBullishBullishBullish
Income Statement Evolution
Sell
Buy
Mean consensus
BUY
Number of Analysts
13
Last Close Price
30,35 TWD
Average target price
33,20 TWD
Spread / Average Target
9,38%
