Taiwan Water Shareholders' Meeting: Drought, Electricity Price Hike, Interest Rate Increase Blamed for NT$4.26 Billion Loss in 2023

Reported 10 months ago

Taiwan Water reported a loss of NT$4.26 billion in 2023 due to factors such as drought, electricity price hikes, and interest rate increases. Despite completing various water supply projects and cost-saving measures, decreased water sales and increased operating costs contributed to the significant loss. The company emphasized strategies to stabilize water supply amidst natural challenges, including earthquakes and upcoming flood season.

Source: YAHOO

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