Q1 2024 Fubon Financial Holding Co Ltd Earnings Call Transcript
Thank you for standing by, and welcome to Fubon Financial's First Quarter 2024 Financial Results. (Operator Instructions) This call is being recorded. If you have any objections, you may disconnect at this time. Now I will hand the call over to your host, Ms. Amanda Wang, IR Officer of Fubon Financial Holdings. You may begin. .
Welcome, everyone, and thank you for joining Fubon Financial's Q1 results call today. These will be a 2 sections in the presentation today, including Fubon Financial's first quarter performance and followed by the embedded value of Fubon Life, year '23. Then we'll have the Q&A session hosted by President, Mr. Harn and the senior management team.
And firstly, please turn to Page 4 of the presentation. In the announcement a few days ago that the cash dividend for year '23 is announced, including a cash dividend of $2.5 and stock dividend at $0.50 and that represents about 62.5% of the payout. And in Q1, the net profit, we reach another high level again,
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