Each year in the fourth quarter, each department prepares the annual budget for the following year. The Finance Department consolidates budgets or targets for sales, production, procurement, and payroll expenses, and prepares projected income statements, balance sheets, and cash flow statements for review by the management hierarchy. The results of the budget preparation are reported to the first board meeting of the following year by the Chairman or a designated representative, and the board approves them.
Every six months, the Finance Department consolidates the current financial statements and compares them with budgets and previous operational performance, submitting them to the board. During board meetings, operational policies are reviewed and improved upon. Kedge Construction publishes quarterly consolidated financial reports, annual consolidated financial reports, and individual financial reports on its official website and on the Taiwan Stock Exchange Market Observation Post.
In 2023, Kedge Construction’s consolidated revenue totaled NT$14,292,411 thousand, representing a growth of 0.62% compared to 2022. Consolidated net profit after tax amounted to NT$990,357 thousand, with earnings per share of NT$8.2 after tax. For further financial performance details and analysis, please refer to our company’s annual report.
Kedge Construction Consolidated Financial Performance
This company analyzes its consolidated financial situation from the perspective of economic distribution of stakeholders according to GRI standards. The total economic income generated directly this year (operating income and non-operating income) amounts to NT$14,381,709 thousand, with a total distribution of NT$13,633,858 thousand. The three largest economic distribution items are operating costs (89.1%), employee salaries and benefits (7.1%), and payments to shareholders (3.8%).
Economic Value Generated and Distributed in the Past Three Years (Unit: Thousand NT$)
The Pie Chart of the Economic Allocation Items for Each Fiscal Year
