Reported 7 months ago
During the shareholder meeting, the preferred stockholders of New Shine Bank raised concerns over the lack of dividend payouts for the past two years, questioning if dividends can be committed for the next year. Despite acknowledging the company's return to profit this year, they pressed for sustained efforts and improved shareholder returns. The management team assured confidence in meeting expectations, striving to generate more profits and share them with shareholders. The financial situation for the bank showed a net profit after tax of 10.2 billion NT dollars in the first five months of this year. The team expressed apologies for past mismanagement and emphasized ongoing efforts towards improvement, with various key figures present at the meeting showing support and understanding for the shareholders' sentiments and expectations.
Source: YAHOO