TSC has actively invested in the R&D and application of sugar as its core technology and developed the concept of diversification operations. We use existing resources and advantages to develop new businesses, research and develop new products and provide new services. In addition, internal performance evaluation indicators are set in accordance with Regulations for Performance Evaluation of State-Run Enterprises and Guidelines for Performance Evaluation of State-Run Enterprises for corporate management and performance.

　　In 2024, with the joint efforts of all units and all employees, the total revenue reached NTD 36.504 billion, the total expenditure was NTD 30.754 billion, the net profit was NTD 5.750 billion; the net profit margin accounted for 18.25%, TSC’s business bases are located in Taiwan, Vietnam, the United States, and Canada.We strictly abide by the local laws and regulations of the countries, adhere to integrity management, and pay taxes honestly.

TSC's Condensed Income Statement in Recent Three Years (unit : NTD thousand)

• For information about TSC’s final report, annual report for shareholders' regular meetings and information on corporate governance, please refer to the About TSC section on TSC home page.
  

　　TSC adheres to the principle of paying taxes honestly according to law, which contributes to the country’s construction and development. In 2024, TSC paid a total of NTD 5,036,808 thousand in taxes and fees to local and central governments in Taiwan, a 1.53% increase compared with 2023. We will continue to focus on the steady development of the Company and create the maximum value for our shareholders.

　　The Company is a state-owned business and serves as the function of assisting the government in stabilizing the prices of pork, sugar, cooking oil and other large-scale staple merchandise.

• Stabilizing hog prices: In 2024, TSC cooperated with the policy of Ministry of Agriculture, Executive Yuan and regulated pig production and sales. A total of 9,327 pigs were allocated to stabilize the pork prices and supply high-quality and safe domestic port to the public.
• Stabilizing soybean oil prices: TSC works in line with the government policy of stabilizing prices. The salad oil TSC produces maintains the lowest distribution price in the market, effectively taking care of the livelihood of the disadvantaged groups.
• Stabilizing sugar prices: To ensure domestic availability of food with safe and sufficient basic calories and nutrition all year round, TSC fulfills its corporate responsibility and sticks to the remaining two self-produced sugar factories in Taiwan to maintain the minimum safe remaining two self-produced sugar factories in Taiwan to maintain the minimum safe supply of self-produced sugar domestically. In addition, TSC also works with the government by stabilizing the commodity prices. When the prices of the international sugar market is high, the retail price of sugar remains at NTD 36/kg and lower.
• Freeze on commodity prices: The global commodity prices have surged. To cooperate with the government’s price stabilization policy, the retail price of sugar remained at NTD 36/kg. The retail price of the salad oil (3L) remains at NTD 169.
• Provide affordable necessities (food) : TSC Million Convenience Stores cooperated with the price stabilization policy and set up a “Budget-Friendly Zone” from the end of December, 2023 to the end of February, 2024, providing 15%-off discount averagely on approximately 500 items of our own-brand and external brands. This “Budget-Friendly Zone” was well received by the public, and the sales grew by 25% during the New Year holiday.