Strategy for Sustainable Financial Operations
Taipower will maintain reasonable electricity rates and diversified management practices to achieve the multiple goals of a stable power supply, energy conservation, carbon reduction, and financial stability in response to changes in power generation and sales structures, fuel price volatility, and uncertainty in electricity rate adjustments.
Diversified Management and Strategies
In the face of multiple challenges that include the opening of the electricity market and its organizational transformation, Taipower is pursuing an expansion strategy aimed at extending its original business in the electricity industry, strengthening asset revitalization, and entering spin-off businesses. Taipower will continue to provide a stable power supply and actively explore new business opportunities in the future. The Company exists not only for the purpose of profit, but also for the implementation of corporate social responsibility, assisting the government in promoting industrial development and environmental sustainability. Taipower homes to create a new entity that will benefit both society and the business by integrating external resources. At present, Taipower has successfully initiated intrapreneurship in areas such as power operation and maintenance, communication, real estate, cultural innovation, etc. It has also moved forward with reinvestment businesses such as coal and mine development, cogeneration, wind power training, etc. The Company generated $8.31 billion in income from these diversified activities in 2022.
Financial Performance Targets and Results
Total Assets
Operating Revenue
Income Before Tax
Equity
Note:
1.Taipower is a state-owned enterprise and, according to law, its final accounts are subject to review and certification by the National Audit Office. At the time of publication, the financial performance for 2022 has not been reviewed and certified by the Office and is thus reported according to the numbers resulting from audits by certified public accountants.
2.The numbers for 2021 have been reviewed and finalized. Following the completion of this process, there have been some changes to the disclosures made in the 2021 Sustainability Report.