Reported 10 months ago
On June 11, 2024, Taiwan Plastic Industries' stock prices continued to drop as the overall stock market fell, with Chieh Jin-ho, Chairman of Wealth Magazine, pointing out that the company's CEO, Wang Wen-yuan, had already identified issues within the company in 2019. Despite the Taiwan stock market reaching new highs, Taiwan Plastic's stock prices have been consistently decreasing, highlighting potential challenges faced by the company in light of global economic shifts towards cost-efficient mass production, particularly in China.
Source: YAHOO