T3EX planning record cash dividend after profit surgeBy Kao Shih-ching / Staff reporterT3EX Global Holdings Corp’s (台驊) board of directors has approved a proposal to distribute a record cash dividend of NT$3.2 per share after the company’s net profit surged 117 percent to NT$541 million (US$19.1 million) last year. Given that our earnings per share hit a new high last year, we decided to boost the cash dividends,” T3EX told the Taipei Times by telephone. Rising air cargo rates raised its margin from air cargo forwarding service by 33 percent to NT$706 million, it added. T3EX forecast that shipping and air cargo rates would remain high until the end of June, as it would not be easy for shippers and airlines to boost their capacity amid the COVID-19 pandemic, it said. We are optimistic about business growth in Southeast Asia, as exports are expected to remain high this year,” the company said.

Source: Taipei Times March 10, 2021 15:56 UTC