By: Wu Chia-jung and Frances Huang
Speaking to reporters, TTL Chairman Ting Yen-che (丁彥哲) said the company beat its internal goal of NT$7.8 billion (US$277 million) in pretax profit for 2020 after posting a profit of NT$8.12 billion in the first 11 months of the year.
TTL will also likely achieve the 2020 pretax profit target of NT$8.6 billion set by the Ministry of Finance because it is only about NT$500 million away, Ting said.
"So TTL is expected to issue no less than 4.4 months of salary in year-end bonuses ahead of the Year of the Ox," which will begin in February 2021. "It is unchanged from the previous year despite the COVID-19 pandemic." [FULL STORY]