However, total impairment losses narrowed 79% to NT$16.2 million while total operating expenses fell 18% to NT$35 million.
Noting an impending change of the Federal Reserve chairman and a proposed overhaul of the American taxation system which is likely to impact the investment industry, Hotung says it will continue to monitor developments in this particular area to identify any arising risks and opportunities ahead.
Shares in Hotung closed 1 cent lower at $2.04 on Wednesday.
