Reported 7 months ago
In the shareholder meeting held by Sanyo Electric on June 13, 2024, the company stated that due to a later-than-usual rise in summer temperatures, along with diminishing benefits from energy subsidies and reduced cargo tax exemptions, overall sales have declined. The company aims to recover in the second half of the year and strive for stable annual performance. Despite challenges such as rising shipping costs and the impact of the New Taiwan Dollar depreciation on profits, Sanyo Electric remains focused on its performance goals. Additionally, updates on the progress of the Tai Shan factory development project were provided, with ongoing negotiations and cooperation with the New Taipei City Government.
Source: YAHOO