Taiwan Petrochemical Four Treasures Shareholders Increase with Maximum 30% Added by Taiwan Sinopec

Reported about 1 year ago

Starting this week, the Taiwan Petrochemical Four Treasures will hold shareholder meetings one after another. Despite the poor performance and record low dividend payout last year, the total number of shareholders for the Four Treasures reached 785,000 by last Friday, a 20% increase from the same period last year. Taiwan Sinopec's shareholders increased by 30% to 293,000, demonstrating massive support. In response to the environmental challenges faced in 2023, Taiwan Sinopec saw a decrease in revenue and net profit, but despite lesser dividend payouts this year, the number of shareholders continues to grow, showing strong support for the Four Treasures. Analysts attribute this to remaining loyal shareholders and a positive outlook for the upcoming quarters in the petrochemical market.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis