Reported 9 months ago
At the shareholders' meeting of Jingcheng Construction (2524) held recently, despite the historical high stock price of 60 NT dollars, the revenue decreased by about 24.5% from last year to 2.55 billion NT dollars, with no dividends issued. Chairman Cai Tianzan mentioned that with technology giants like TSMC announcing expansion in Kaohsiung, the real estate market is expected to thrive for another 20 years. Despite the rise in stock price to 60 NT dollars, the revenue and net profit of Jingcheng in 2023 decreased significantly, leading to no dividends being issued for the 6th consecutive year. The company opened at 54.5 NT dollars and dropped to 54.1 NT dollars by midday. Disclaimer: The data provided is for reference only, investors should make independent judgments and evaluate carefully.
Source: YAHOO