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 2021, with the joint efforts of all units and all employees, the total revenue reached NTD 31.788 billion, the total expenditure was NTD 27.88 billion, the net profit was NTD 3.908 billion; the net profit margin accounted for 14.41%.
| Item/year | 2020年 | 2021年 | The percentage of increase or decrease compared with the previous year (%) |
|---|---|---|---|
| Operating income | 25,435,173 | 27,122,957 | 6.64% |
| Other income | - | 2,502 | - |
| Non-operating income | 4,478,293 | 4,662,446 | 4.11% |
| Total revenue | 29,913,466 | 31,787,905 | 6.27% |
| Operating cost | 19,825,005 | 21,643,010 | 9.17% |
| Operating expenses | 4,130,895 | 4,127,206 | -0.09% |
| Other expenses | 109,758 | - | -100.00% |
| Non-operating expenses | 2,224,913 | 2,226,713 | 0.08% |
| Income tax expense(benefits) | -944,254 | -116,661 | -87.65% |
| Loss (income) from discontinued operation | - | - | - |
| Total expenses | 25,346,317 | 27,880,268 | 10.00% |
| Net income | 4,567,149 | 3,907,637 | -14.44% |
| Dividend | 6,200,425 | 3,945,725 | -36.36% |
| Net profit margin (%) | 17.96% | 14.41% | -3.55% |
| Earnings per share(NTD) | 0.81 | 0.69 | -14.81% |
TSC adheres to the principle of paying taxes honestly according to law, which contributes to the country’s construction and development. In 2021, TSC paid a total of NTD 4,368,891 thousand in taxes and fees to local and central governments in Taiwan, a 4.98% increase compared with the NTD 4,161,490 thousand in 2020. We will continue to focus on the steady development of the Company and create the maximum value for our shareholders.
For information about TSC’s final report, annual report for shareholders' regular meetings and information on corporate governance, please refer to the public information section on TSC home page.
