Listed firms’ revenue up 11.97%SHIFTING DYNAMICS An imbalance in supply and demand during the pandemic resulted in a boost to the shipping industry, while other sectors also benefitedBy Chen Cheng-hui / Staff reporterThe combined revenue of companies listed on the Taiwan Stock Exchange last month increased 11.97 percent year-on-year to NT$3.145 trillion (US$113.5 billion), the bourse said on Saturday. The exchange said in a statement that 661 firms reported revenue growth, while 292 reported a decline. The combined revenue of listed firms last grew 14.16 percent from August 2019, before COVID-19 was a factor, it added. Accumulated revenue for the 953 listed firms in the first eight months of the year reached NT$24.1 trillion, up 18.61 percent year-on-year, the exchange said, adding that the increase compared with the same period in 2019 was 16.45 percent. Firms in the shipping and transportation, plastics, and iron and steel industries reported the highest revenue increases during the eight-month period, the exchange added.

Source: Taipei Times September 12, 2021 15:56 UTC