2 stories mentioning TPE:8404Updated 35d ago
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Paiho Shih (TPE:8404) unit Dongguan Paihong Industry has decided not to distribute any profits for 2025 following a board resolution.The company did not disclose other details regarding the decision in the Wednesday Taiwan Exchange filing.
Paiho Shih's (TPE:8404) net profit attributable to shareholders plunged 65.3% year on year to NT$74.7 million in the first quarter, according to a Tuesday Taiwan Exchange filing.Shares of the textile manufacturer rose about 3% in Wednesday's afternoon trade.Revenue for the quarter edged down 1.9% to NT$1.90 billion, while operating profit declined 47% to NT$206.6 million.For March alone, net profit attributable to shareholders stood at NT$60.5 million, or NT$0.15 per share.
