momo.com, Taiwan’s top online retailer, held its 113th Annual General Meeting on June 19, approving financial statements and a cash dividend distribution of 15.3 yuan per share. This includes a cash dividend of 14.8 yuan per share and a capital increase of 0.5 yuan per share from capital reserves, totaling approximately NT$3.55 billion.
Despite economic uncertainties, momo.com reported consolidated revenue of NT$109.24 billion for 2022, a 5.6% annual increase. Operating profit reached NT$4.38 billion with an operating profit margin of 4.0%. The after-tax net income attributable to shareholders was NT$3.63 billion, equating to earnings per share (EPS) of 15.10, up 5.7% from the previous year. Adjusted for one-time items, the EPS growth rate was 8.9%, setting a new profit record.
To address market competition, momo.com launched the “mo store+” model, enhancing product diversity and pricing. By May, over 3,000 manufacturers had joined. Supported by strong financial and logistics systems, momo.com also introduced “momo Ads” for customized advertising solutions, boosting store visibility.
momo.com’s “live broadcast e-commerce transformation project” created themed and brand-specific live broadcast rooms, significantly increasing traffic and participation from nearly 100 brands.
Enhancing its logistics, momo.com’s new “Southern District Storage, Distribution, Transportation and Logistics Center” in southern Taiwan will begin trial operations in Q3, improving delivery efficiency.
momo.com excelled in corporate governance, ranking in the “Top 5% of Corporate Governance Assessment” for eight consecutive years and receiving multiple international ESG awards, including “MSCI ESG Rating: AA” and “FTSE4Good Taiwan Sustainability Index Component.”
