Tongzheng Announces Cash Dividend of 3.11 NTD per Share, Business Reaches New Heights

Tongzheng (6170) held its shareholders' meeting on the 11th, benefiting from the development of the QuickPay small remittance app and channel expansion, with an EPS of 3.39 NTD expected for 2024. The company will distribute a cash dividend of 3.11 NTD per share, achieving a distribution rate of 91.74%. Based on the closing price of 49.1 NTD on June 10, the cash yield is 6.33%.
Looking ahead to 2025, Tongzheng will continue to expand its international brand agency and deepen its sales channels in Taiwan, actively investing in the economic core of the migrant worker sector. Furthermore, the company plans to enhance its QuickPay remittance services, focusing on security, customer service, marketing, and system functionality to ensure a safe and efficient experience for migrant users. Additionally, the newly established “Fast Purchase Travel Agency” aims to provide affordable flight options for migrant workers, establishing a comprehensive economic ecosystem for their lives.