The company’s investment activities are conducted primarily via these three units: Hotung Venture Capital Corp (Taiwan); Daitung Development and Investment Corp (Taiwan) and Huitung Investments (BVI).
Hotung Investment Holdings has reported earnings of NT$521.5 million ($24.7 million) for the year ended Dec 31 2020, up 70% from NT$307.6 million in the preceding FY2019. Revenue in the same period doubled to just over NT$1 billion, from NT$498.1 million in the same period.
The better numbers were due to fair value gains on financial assets, dividend income from investments. On the other hand, the company suffered from unfavourable foreign currency movements, which resulted in it booking losses of NT$164.7 million from this item.
