3 stories mentioning TPE:6806Updated 35d ago
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Shinfox Energy (TPE:6806) incurred a net loss attributable to owners of NT$1.85 billion in the first quarter, or NT$6.73 per basic share, according to a Wednesday disclosure on the Taiwan Exchange.Shares fell about 10% in Thursday's late morning trade.The renewable energy developer did not provide comparative year-ago figures.Operating revenue amounted to NT$4.19 billion, it said.
Shinfox Energy (TPE:6806) acquired a 50% equity stake in Zhongwei Energy for NT$800 million, according to a Friday Taiwan Exchange filing.Shares jumped about 10% in Monday's afternoon trade.Under the deal, the company purchased 80 million shares from Cheng Uei Precision Industry, the group's ultimate parent company.The deal aims to optimize resource allocation and improve working capital, it said.
Shinfox Energy (TPE:6806) unit Foxwell Energy has secured NT$5.56 billion in a mediation settlement with Taiwan Power Company (Taipower) over the Offshore Wind Power Phase II project dispute.Shares jumped about 10% in Monday's afternoon trade.The dispute arose after project costs increased due to global disruptions, including the Russia-Ukraine war and COVID-19-related inflation and interest rate hikes.Taipower agreed to pay the amount covering disputes up to end-2025, with funds to be disbursed under its supervision, the filing said.
