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PROFITS OF TAIWAN'S STATE-RUN FIRMS SET TO DECLINE NEXT FY.
TAIPEI, Sept 2 Asia Pulse - Annual profits from all state-run enterprises are expected to be NT$155.1 billion (US$4.56 billion) for the next fiscal year, about NT$13.4 billion (US$394 million) lower than the levels of 2002, the government said.
According to the latest Central Government Overall Budget Plan for 2003, the state-run firms' profits will be approximately NT$13.4 billion, or 8.7 per cent lower than the year-earlier levels. This is mainly due to the country's economic downturn.
Of the more successful state-run firms, Chunghwa Telecom (TAIEX:2412) is expected to post an annual profit just under NT$10.86 billion, due mainly to the opening of Taiwan's mobile telephone market, Executive Yuan officials in charge of budget plans said.
Taipower profits are expected to be NT$2.33 billion lower, mainly as a result of rising costs for imported crude oil and other fuel resources, along with higher costs for the procurement of electricity ...
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...s six state-run companies amounted to NT$2.21 billion (US$66.88 million...Taiwan Power Co. recorded a total loss of NT$2.54 billion during the January-February...in the first two months of 2007 reached NT$3.63 billion, topping the list, followed...
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- News wire article from: AsiaPulse News April 18, 2008 700+ words
...screening session that they posted combined business losses of some NT$6.02 billion (US$198.84 million) in 2006. Hsieh made...largest oil and fuel refiner -- registered the largest deficit of NT$13.9 billion. Of all the state-owned MOEA-affiliated...
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- Gov't to Encourage State-Run Firms to Employ More Women.
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...on Wednesday it will encourage state-run firms to fill at least 30 percent of positions...the wake of the revelation that state-run firms have fewer women employees than private...workers was 17.7 percent in state-run firms, compared to 34.0 percent in private...
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...improvement practice for Arthur Andersen & Co. in the consulting firm's Philadelphia office. Mr. Riordan said the best-run firms are moving away from a hierarchical and bureaucratic model of organization to one where individuals, processes, technology...
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- News wire article from: The Hindustan Times July 14, 2009 700+ words
New Delhi, July. 14 -- Only 160 out of 419 central government-run firms made profits in 2007-08, contributing Rs.23,857.88 crore (Rs.238.58 billion/$4.86 billion) as dividend to the...
