Reported 8 months ago
During the shareholders meeting on June 19, 2024, Chairman of PChome, Jameson Tan, stated the company will continue expanding without layoffs after restructuring. Due to cost reduction and profits from subsidiaries, PChome's losses in the first quarter of this year decreased, with similar performance expected in the following quarters aiming to return to profitability by the end of the year. Tan expressed dissatisfaction with the undervaluation of PChome in the market and hopes to gain recognition through restructuring and subsidiary contributions. Despite the challenging e-commerce profit margins, Tan emphasized PChome's strategy to earn profits and continue expanding as a necessary move for the company, especially in the competitive 3C product market.
Source: YAHOO