Shipbuilder CSBC to distribute cash dividends of NT$1.8 a share

CSBC Corp., Taiwan's leading shipbuilder, yesterday approved its financial results for last year and decided to distribute cash dividends of NT$1.8 a share.The company last year recorded

sales of NT$26.17 billion, a decline of 16.1 percent from 2009. Its net profit last year was NT$1.705 billion, a decline of 30 percent from 2009 and translating into earnings per share (EPS) of NT$2.36.
As for this year, the company expects to post sales of NT$29.42 billion and a net profit of about NT$1.41 billion, translating into EPS of NT$1.94.
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