Taiwanese Sushi Chain, Zensushi, Announces Cash Dividend of NT$1.5 Per Share: Will Continue to Expand Stores

Reported 9 months ago

Zensushi held its 2024 shareholder meeting on June 27 and decided to distribute a cash dividend of NT$1.5 per share. Despite the food safety crisis in April and May affecting operations, Zensushi is gradually recovering with hopes to surpass 60 stores this year to boost group revenue. The company reported a first-quarter net profit of NT$94 million, with a nearly 12.24 times increase quarterly and 8.46% annually, marking historically high earnings per share of NT$2.02. Zensushi plans to open 5 to 10 new stores annually in Taiwan to sustain growth and address shareholder concerns regarding food safety.

Source: YAHOO

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