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MarketScreener Homepage  >  Equities  >  TAIWAN STOCK EXCHANGE  >  Foxconn Technology Co Ltd    2354   TW0002354008

FOXCONN TECHNOLOGY CO LTD

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Foxconn Technology : Taiwan prosecutors investigate husband of Foxconn founder's spokeswoman

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09/06/2019 | 09:18am EDT

The husband of Foxconn Technology founder Terry Gou's spokeswoman resigned from his local government position after prosecutors questioned him about the alleged private use of a government car, reports said Thursday (September 5).

The accusations came as the deadline for independent presidential candidates to announce their intentions, September 17, was rapidly approaching. Gou has still not revealed whether he will run in the January 2020 election, but his staff recently said he had no time to meet with Kuomintang (KMT) Chairman Wu Den-yihbefore the deadline, an indication he might reject the opposition party's attempts at persuading him to stay out of the race, commentators said.

Spokeswoman Evelyn Tsai's husband, Lee Yu-lungthe chief of cultural affairs in the Hsinchu County Government, was being questioned Thursday morning about the private use of county vehicles, the Liberty Times reported. Another county official, a secretary and a chauffeur also faced interrogation by the Hsinchu District Prosecutors' Office.

While Lee lives in Taipei, he used a government car for the past five months and filed all gasoline and toll costs as expenses, according to reports in the United Daily News.

Tsai, a former television news anchor, has recently played a more prominent role in commenting on political issues for the Gou camp.

Later Thursday, Lee announced he was resigning from the KMT-led Hsinchu County Government, which accepted his resignation, the Central News Agency reported.

© Pakistan Press International, source Asianet-Pakistan

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Financials (TWD)
Sales 2019 123 B
EBIT 2019 7 731 M
Net income 2019 8 649 M
Finance 2019 60 672 M
Yield 2019 4,93%
P/E ratio 2019 10,4x
P/E ratio 2020 9,95x
EV / Sales2019 0,24x
EV / Sales2020 0,21x
Capitalization 90 527 M
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 6
Average target price 65,17  TWD
Last Close Price 64,00  TWD
Spread / Highest target 23,4%
Spread / Average Target 1,82%
Spread / Lowest Target -18,8%
EPS Revisions
Managers
NameTitle
Han Ming Li General Manager
Chih Chien Hung Chairman
Tzu Hung Li Head-Finance
Hsueh Kun Li Director
Fang I Cheng Director
Sector and Competitors