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The average annual salary of employees at publicly listed firms last year rose 4 percent year-on-year to NT$967,021 (US$34,884), beating the nation’s GDP growth of 2.98 percent, but the firm with the highest average wage offered 12.5 times more than the one with the lowest, indicating uneven salary growth in Taiwan, the Taiwan Stock Exchange (TWSE) said.
The percentage was lower than the difference of 15.8 percent recorded in 2019.
Foxconn Technology Co (鴻準精密), a subsidiary of Hon Hai Precision Industry Co (鴻海精密), registered an average annual wage of NT$4.19 million and a total of 171 employees last year, ranking it first
Sinyi’s net income jumps more than 10% annually
By Crystal Hsu / Staff reporter
Sinyi Realty Inc (信義房屋) yesterday posted NT$460 million (US$16.46 million) in net income for the first quarter, more than 10 times the amount reported a year earlier when the COVID-19 outbreak had slowed transactions.
The Taipei-based company expects its brokerage and agency arms to gain further momentum this quarter, but uncertainty about the second half of this year is worsening.
“The earnings improvement had much to do with a low base [of comparison] last year when the virus outbreak kept people home to avoid inflections,” Sinyi told an online investors’ conference.
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