Media Center

News Releases

2021/07

Taiwan An Overview of ECOVE Environment Corporation’s 2021 Annual General Meeting and the 10th Meeting of the 8th Term Board of Directors　
　

On June 30, 2021, ECOVE Environment Corporation held its 2021 Annual General Meeting at Room 206, National Enterprise Park. During the meeting, the following motions were carried: Business report for fiscal year 2020, financial statements, earnings distribution of fiscal year 2020, amendments of “Articles of Incorporation,” “Procedures for Acquisition and Disposition of Assets,” and “Procedures for Loan Offers” were all carried.



According to the business report, consolidated operating revenues for 2020 amounted to TWD 5.637590 billion, an increase of TWD 316.031 million against 2019. Net profit after tax for 2020 was reported at TWD 842.254 million, an increase of TWD 30.942 million against 2019. The increase of consolidated operating revenue for 2020 is attributed primarily to price increase in business waste treatment and new projects owned by subsidiary companies ECOVE Environment Services Corporation and ECOVE Solar Energy Corporation. In addition, the meeting has approved TWD 759,482,000 in cash dividend payable to shareholders (NT$ 11.00 per share based on 69,043,781 common outstanding shares).



The 10th Board Meeting for the 8th term Board of Directors was held on the same day. Ex-dividend date and dividend payment date were set to be on August 23 and on September 15, 2021, respectively.