Reported 11 months ago
At the annual shareholders meeting of Taiwan Power Company (Taipower) on June 21, 2024, small shareholders expressed frustration over Taipower's nearly 200 billion yuan net loss last year and the lack of dividends for the 19th consecutive year. Taipower defended that they have raised electricity prices this year and received subsidies from the Executive Yuan, aiming to balance their financial losses. Shareholders questioned Taipower's financial management and demanded the repurchase of shares during the heated meeting.
Source: YAHOO