Staff writer, with CNA
President Chain Store Corp (統一超商) and PX Mart Co Ltd (全聯實業) this month ranked among the top 250 retailers worldwide by multinational auditing and consulting firm Deloitte.
In Deloitte’s Global Powers of Retailing report, President Chain Store, which operates the 7-Eleven convenience store chain in Taiwan, ranked 134th among retailers, making the list for the eighth straight year, while PX Mart ranked 221st.
President Chain Store posted sales of US$8.02 billion from July 2020 to June last year, up 1.2 percent from a year earlier, pushing the company’s ranking eight notches higher, the report showed.
The company boosted sales by
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President Chain Store mulls NT$9 per share dividend
DESPITE PROFIT DROP: Local subsidiaries continued to generate increasing operating profit, while some overseas operations were affected by COVID-19, the company said
By Chen Cheng-hui / Staff reporter
President Chain Store Corp’s (PCSC, 統一超商) board of directors has proposed distributing a cash dividend of NT$9 per common share, the second-highest in the company’s history, despite the firm’s lower net profit last year due to losses from its overseas investments.
Taiwan’s largest convenience store operator, which owns more than 6,000 7-Eleven stores around the nation, reported net profit of NT$10.24 billion (US$361.61 million) for last year, down 2.85 percent from the NT$10.54 billion in 2019, PCSC said in a statement on Friday.