First Financial Holding

2022 1H Earnings Result

Aug 31, 2022

Disclaimer

This presentation is provided by First Financial Holding Co., Ltd. ("FFHC"). The information

contained within is not reviewed or reviewed by any accountant or any independent third party. Users should read this material in conjunction with all other public financial and operational information filed to the competent authorities by FFHC. While we endeavor to provide accurate, complete and consistent information herein, FFHC makes no guarantee or warranties as to the accuracy or correctness of all the material contained. After this presentation is released to the public, we undertake no obligation to update any relevant data to reflect any change hereafter.

Users should also notice that this presentation may contain forward-looking statements. Statements that are not historical facts, including statements relating to the implementation of strategic initiatives, future business development and economic performance are forward-looking statements. By their nature, forward-looking statements involve uncertainties, risks, assumptions and other factors that could cause actual developments and results to differ materially from our statement in this presentation. These factors include, but not limited to, regulatory developments, competitive conditions, technological developments, general economic conditions and management changes.

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Contents

  • At a Glance
  • Financial Highlight
  • Operating Results
  • Appendix

At a Glance

Stayed Calm amid Market Turbulence

  • Group delivered a steady result despite market turbulence in 2Q:

1H22 earnings stayed moderate for a total of NT$10,236 mn(-6.2%,YoY) when market pulled back for worries on future outlook in 2Q22. Global rate-hiking to suppress rampant inflation made some economic headwinds.

  • Bank's earnings grew by +6.7% (YoY), significantly underpinned by strong loan growth and NIM expansion:

Bank's lending went up by +11.2% (YoY), benefitted from resumed loan demand across all sectors. Accelerating property handovers in 2Q22 brought mortgage lending double-digit growth, shall see some hesitation ahead due to rate-hike effect.

  • Non-banksubsidiaries net withdrew YoY due to high-based figures:

Broker & Life's net shadowed in 1H22 given the market turbulence and escalating risk, narrowed the investment gains.

  • Proactive on second half of 2022:

Tapping into opportunities and maintaining proactive is key to react from new cycling for a more sustainable growth momentum.

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First Financial Holding Co. Ltd. published this content on 31 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 August 2022 07:19:01 UTC.