Reported 8 months ago
FTNN News Network reported on June 20, 2024, that Taiwan Salt Corporation, a state-owned enterprise, set up a subsidiary called Taiwan Salt Green Energy to promote energy transition but is now facing nearly complete stock loss. Legislator Huang Kuo-chang revealed that Taiwan Green Energy, with a capital of 370 million, suffered a staggering loss of 250 million last year, with operating losses soaring from 790,000 in 2022 to 217.11 million. Huang urged the newly appointed Economic Minister Guo Zhihui to stop the mismanagement in state-backed green energy companies and investigate corruption cases thoroughly.
Source: YAHOO