Taisun Enterprise has announced a significant financial rebound in the first quarter of 2024, reporting a revenue of NT$2.755 billion and a net profit after tax of NT$155 million. This marks a substantial improvement from a NT$70 million loss in the same period last year. The earnings per share stood at NT$0.32, underscoring the effectiveness of the new management team’s focus on resolving internal disputes and enhancing business operations.
Since taking control in the third quarter of last year, the new management has consistently driven positive results, achieving record revenues and profit margins. In the third quarter, the company hit a new single-quarter high with a revenue of NT$3.3 billion, a 5% year-on-year increase, and a gross profit margin of 15.88%. The following quarter also saw growth, with revenues of NT$2.655 billion and an improved EPS of NT$0.4.
Chairman Liu Wei-Long, still acclimating to the industry, credited the success to the infusion of top talent from various sectors, aimed at accelerating organizational transformation. Under the guidance of group chief of staff Su Shou-Pin and the integration of the general manager Tsai Cheng-Ta, the new management team has focused on “professional management” while eliminating inefficient familial structures and unnecessary expenditures.
The positive outcomes of the first quarter are attributed to enhanced management strategies, improved control over production processes, and a meticulous review of every operational aspect—from raw material procurement to logistics. Taisun has also optimized its product offerings and channel structures to boost sales profitability and operational efficiency, setting a strong foundation for sustained growth and market competitiveness.
