Formosa Taffeta Co., Ltd. Proposes Cash Dividend for the Year Ended December 31, 2021
March 09, 2022 at 01:24 am EST
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The board of directors of Formosa Taffeta Co., Ltd. proposed cash dividend of TWD 1.0 per common share for the year ended December 31, 2021. Total amount of cash distributed to shareholders (TWD) 1,684,664,637.
Formosa Taffeta Co Ltd is a Taiwan-based company mainly engaged in the manufacture and sale of textile products, as well as the operation of gas stations. The weaving business, dyeing business and works business are engaged in the provision of blended fabrics, staple fiber fabrics, long and short woven fabrics, polyamine and polyester fabrics, and various plain woven fabrics. The cords business and industrial materials business are engaged in the provision of polyamine and polyester tire cords, pure cotton yarns, blended yarns, functional yarns, special protective yarns and fabrics, medical care fabrics, bulletproof fabrics, carbon fiber fabrics, composite fabrics and plastic bags. The oil products business is engaged in the operation of gas stations to sell gasoline, diesel and kerosene products, and the provision of car wash services. The formosa technology business is engaged in the assembly, testing, module processing, research and development of various integrated circuits.