Banner year for 7-Eleven’s parent company

The China Post
Date: March 15, 2017
By: The China Post news staff

TAIPEI, Taiwan — President Chain Store Corporation reported historic highs in both revenues and profits for 2016 during an afternoon press gathering on Tuesday.

President Ray Chen (陳瑞堂) stated that the corporation grossed a total revenue of NT$215.36 billion and an after-tax profit of NT$9.84 billion last year, marking a 4.8 percent and a 19.4 percent increase, respectively, from 2015.

The good performance, according to company representatives, is due to a combination of both business expansions into life appliances, transportation, and books as well as the opening of 7-Elevens overseas in the Philippines and Shanghai.

On top of good financial management, President Chain Store Corporation was included in the global FTSE4Good Index series for the first time in the corporation’s history, an index that measures the performance of companies demonstrating strong environmental, social and governance practices.    [FULL  STORY]

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