By Chen Cheng-hui / Staff reporterShares of Taiwan High Speed Rail Corp (THSRC, 台灣高鐵) outperformed the broader market last year as the company offered solid fundamentals and a good dividend yield. THSRC shares ended last year with an annual gain of 25.7 percent, closing at NT$38.4 on Tuesday. That was better than a 4.01 percent rise on the transportation sub-index and the TAIEX’s 23.33 percent advance for the whole of last year, Taiwan Stock Exchange data showed. THSRC on Tuesday announced that it is to increase the number of services by 436, or 34 percent, from Jan. 21 to Jan. 30 to meet increased demand over the Lunar New Year holiday, according to the company’s Web site. The company posted cumulative revenue of NT$43.3 billion (US$1.44 billion) in the first 11 months of last year, up 4.81 percent from NT$41.32 billion the previous year.

Source: Taipei Times January 01, 2020 15:56 UTC