Taiwan Shin Kong Passes Dividend of Nearly 1 Yuan, Wu Dongliang Optimistic about Economic Recovery in the Second Half of the Year

Reported 7 months ago

During the shareholder meeting of Taiwan Shin Kong (2887) on June 14, Chairman Wu Dongliang expressed optimism about the economic outlook for the second half of the year after passing the 2023 financial report and dividend distribution proposal of cash dividend of approximately 0.6 yuan per share and stock dividend of 0.4 yuan, totaling nearly 1 yuan per share. Wu also addressed inquiries regarding family matters and a potential merger with New Kinpo Group, citing legal restrictions on commenting on individual cases. The company reported record-high consolidated net income in 2023 and strong operational growth in early 2024, while foreseeing global economic recovery benefiting the banking, insurance, and securities sectors.

Source: YAHOO

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