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TTET Union Corporation (Taiwan, China)

Main Activities: Food Manufacturing | Soybean and Other Oilseed Processing
Full name: TTET Union Corporation Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

TTET Union Corporation, headquartered in southern Taiwan, was incorporated by Uni-President Enterprises Cor., DaChan Greatwall Group, Eagle Holding Corp. and Taihwa Oil Industrial Co., Ltd. in 1982. With annual crushing capacity of 1.5 million tons, TTET has been listed in the Taiwan Stock Exchange since 1996(symbol: 1232)and recognized as a blue chip at all time. Since establishment TTET has been granted GMP Certification 1991, ISO 9002 Certification in 1997 and ISO 14001 Certification in 2001. Over its 20-year history, TTET has proven it as the largest soybean crusher in Taiwan and has seized opportunities to transform its business. In 1984 Soybean Crushing Plant I started its operation, with daily crushing capacity of 2,200 MT. In 1987 Mitsubishi Corporation became the shareholder of TTET. In 1990 TTET’s Crude Oil Refining Plant started its operation. In 1998 Soybean Crushing Plant II started its operation. With daily crushing capacity of 2,500 MT, TTET's total capacity increased to 4,700 MT per day. TTET became the largest soybean crusher in Taiwan. In 2000 TTET established Master Channels Corporation. TTET and its shareholders cover the entire spectrum of domestic food processing and feed industries. TTET’s major shareholders include Uni-President Enterprises Corp. that began with traditional food production and has developed into the largest food processor / wholesaler / retailer in Taiwan, Taihwa Oil Industrial Group involved in soft drinks , oil products, wheat flour, and feed(particularly aqua-feed)industry, Dachan Greatwall Group that is the market leader in Taiwanese feed and meat processing industry, and Mitsubishi Corporation that is one of the world's most diverse enterprises and a leader in international trade with decades of experience.

Headquarters
No.1, Zhenzhong Rd., Erzhen Vil, Guantian Dist., Tainan City, Taiwan
Tainan City; Tainan City;

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Website: https://www.ttet.com.tw

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
May 24, 1982
Key Executives
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Chairman of the Board of Directors
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President
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Spokesperson
Ownership Details
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38.5%
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18.25%
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9.64%
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7.64%
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1.54%
Subsidiaries
MASTER CHANNELS CORP
80.27%
Food China Inc.
1.08%
Company Performance
Financial values in the chart are available after TTET Union Corporation report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency TWD. Absolute financial data is included in the purchased report.
Net sales revenue
-4.52%
Total operating revenue
-4.47%
Operating profit (EBIT)
6.1%
EBITDA
-2.3%
Net Profit (Loss) for the Period
-1.11%
Total assets
10.64%
Total equity
5.35%
Operating Profit Margin (ROS)
0.67%
Net Profit Margin
0.18%
Return on Equity (ROE)
-1.47%
Debt to Equity Ratio
19%
Quick Ratio
0.41%
Cash Ratio
0.43%

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