Reported 7 months ago
Taisun held a shareholders' meeting on June 13, 2024, where it was decided to distribute a dividend of 6.6 Yuan per share with a payout ratio of 87.6%. The company's chairman, Luo Zhixian, highlighted the impact of declining economy and demand on the profits in 2023 and emphasized the need to focus on logistics and livestock issues in 2024. Despite a decrease in revenue and profits in the first quarter of 2024, Taisun, a major supplier of soybean flour and vegetable oil in Taiwan, maintained stable profits and exceeded dividend expectations.
Source: YAHOO