CDFHCChina Development Financial Holding Corporation (Taiwan)
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The outlook revision mainly reflects TRC's expectation that the improvement in CDFHC group's core earnings is likely to be sustainable for the next two years and the group's strong capitalization will remain as a good buffer to financial volatility.
The stable outlook reflects TRC's expectation that CDIB and the CDFHC Group are likely to maintain core earnings at the current level over the next two years.
CDFHC scored NT$1 billion (US$30.76 million) in loan earnings in the third quarter of this year, claiming it is enjoying substantial growth in earnings from long-term investments, hence capable of distributing dividends to shareholders by 2010.