Stock Market Update - Atlantic Beverages Annual Shareholders' Meeting Adjourned: Director Election Postponed

Reported 7 months ago

Atlantic Beverages (1213), the food factory producing 'Apple Soda' led by Chairwoman Su Yun-le, adjourned its annual shareholders' meeting for director election on June 14th due to a low attendance rate of 0.49%. The company plans to convene the meeting at a later date. Su mentioned a full resumption of production lines since June, actively stocking products through various channels, with no plans for delisting and past salary disputes resolved. However, the company's financial reports have faced audit concerns, and even the annual shareholders' meeting was adjourned due to low attendance. In the first quarter of this year, Atlantic Beverages reported a consolidated revenue of 33.48 million, with a net loss of 24.547 million and an operational weakness. Additionally, there are reports on solar and offshore wind energy delays and challenges ahead for the global economy.

Source: YAHOO

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