Taiwan Cement Shareholders' Meeting Discusses Stock Price and Health Advice, Chairman Emphasizes Long-term Growth
Taiwan Cement held its shareholders' meeting on the 27th, with Chairman Chang An-Ping and General Manager Cheng Yao-Hui addressing shareholder questions for nearly three hours. Shareholders expressed concerns over falling stock prices and requested a higher dividend; some even handed Chang a note recommending an eye clinic. Chang responded to shareholders' worries about this year’s profits potentially declining compared to previous years, stating he works 15 hours a day and replied about the dividend requests.
According to data, shareholders who held their stock since 2016 have achieved an approximate return of 130%, with an annual return rate of 14.4%, indicating that evaluations should consider long-term strategies instead of just short-term stock prices. He emphasized Taiwan Cement is in a 'planting trees' stage, investing in green technology and waiting for its growth.
