Off the wire
• Maintaining healthy, stable development of Sino-US trade ties in global interest: FM spokesperson  • DPP administration bears full responsibility for Taiwan not being invited to WHA: FM spokesperson  • Legendary Chinese art connoisseur celebrated in Beijing  • Carlos Alvarado sworn in as president of Costa Rica  • Namibia continues with energy saving campaign to eliminate inefficient bulbs  • Train collision leaves two dead in Germany  • Maintaining healthy, stable development of Sino-US trade ties in global interest: FM spokesperson  • DPP administration bears full responsibility for Taiwan not being invited to WHA: FM spokesperson  • Legendary Chinese art connoisseur celebrated in Beijing  • Carlos Alvarado sworn in as president of Costa Rica  
You are here: 　

Net profits of Taiwan-listed manufacturers up in 2017

Xinhua,May 09, 2018 Adjust font size:

TAIPEI, May 9 (Xinhua) -- The net profits of listed manufacturing companies in Taiwan grew 13.4 percent year on year in 2017, posting the biggest increase in three years, the island's economic authority said in a report.

Their net profits reached 1.5 trillion new Taiwan dollars (about 50.8 billion U.S. dollars) and left an overall after-tax profit margin of 9.1 percent, according to the report on Tuesday.

The count covered all companies listed on the Taiwan Stock Exchange and the secondary bond market of the Taipei Exchange.

Among all the industries, electronic components companies contributed the largest share of net profits, about 652 billion new Taiwan dollars.

Taiwan Semiconductor Manufacturing Company Limited (TSMC) made a net profit of 341.1 billion new Taiwan dollars, followed by Foxconn Technology Group's 138.7 billion.

In terms of research and development (R&D) input, TSMC also played a leading role by spending 79.9 billion new Taiwan dollars, nearly 20 percent of the entire of the manufacturing sector. Enditem

 

Related News & Photos