Reported 7 months ago
Dongyuan Chemical held its 113th annual shareholders' meeting on June 12, 2024, where Chairman Xu Xudong and General Manager Cai Xijin attended. Despite challenges in the EG market last year, Dongyuan maintained stable operations by focusing on cost control and customer retention, especially in green, electronic, and new material niche products. They reported a revenue of 20.8 billion NTD last year, a 6% decrease from the previous year, with a net profit of 266 million NTD and EPS of 0.3 NTD. Looking ahead to 2024, Dongyuan plans to prioritize meeting domestic customer demands and optimize their product mix to enhance profitability by targeting new customers through niche products and advancing their low carbon manufacturing processes.
Source: YAHOO