Reported 7 months ago
Taiwan's state-owned green energy company, Taiwan Green, has accumulated losses exceeding half of its capital amounting to over 250 million NT dollars, with an additional 50 million NT dollar loss in the first quarter of this year. The company's attempts to recover involve seeking new projects and managing energy efficiently but face obstacles at the board level, where crucial decisions get stuck due to a lack of understanding of the industry among majority directors coming from higher management positions in the parent company, Taiwan Salt. As a result, the company is struggling financially, with employees feeling frustrated and angry at the situation.
Source: YAHOO