Chains suspend delivery of refrigerated food
Staff writer, with CNA
Several hypermarket and convenience store chains have temporarily suspended deliveries of frozen and chilled products, as delivery service providers face skyrocketing demand amid a COVID-19 outbreak.
Among chains that announced service stoppages was Hi-Life International Co Ltd (萊爾富), which on Tuesday said that deliveries of the products via Taiwan Pelican Express Co (台灣宅配通) would be halted through Saturday.
Hi-Life home deliveries by HCT Logistics Co (新竹物流) would be suspended until June 15, while those by SF Express Co (順豐速運) would be suspended indefinitely, the company said.
A T-Cat employee sorts packages outside a delivery truck in Taipei yesterday.
Television and online retailer Momo.com Inc (富邦媒體) last week reported its highest quarterly profit since it was listed on the nation’s main board in 2014, driven by steady growth in its online business-to-customer segment and a disposal gain from the sale of Taiwan Pelican Express Co (台灣宅配通) shares.
Net profit increased 76.6 percent annually to NT$780.5 million (US$27.92 million) in the first quarter, or earnings per share of NT$5.57, the company said in a statement on Wednesday.
Momo.com said that its non-operating gains totaled NT$101.5 million in the first quarter, including a NT$99 million disposal gain from Pelican shares.
Quarterly revenue rose 21.6
Taiwan Pelican’s board approves record dividend
COVID-19 TREND: The company’s net profit rose 29 percent annually last year and its revenue increased 7.3 percent as more people were shopping online
By Kao Shih-ching / Staff reporter
Taiwan Pelican Express Co’s (台灣宅配通) board of directors has approved a proposal to distribute a cash dividend of NT$1.8 per share, the highest in the company’s history, as its net profit rose 29 percent annually last year thanks to booming e-commerce sales.
The home delivery service provider had offered cash dividends ranging from NT$0.45 to NT$1.2 per share from 2012 to last year, company data showed.