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[Ho Tung] Announcement on behalf of important subsidiary Yilian Sugar Co., Ltd. regarding discontinuation of the sugar business

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Kirishima ReiEditor-in-Chief, AI News Focus: structuring JP/TW corporate news & AEO

Published May 15, 2026 9:00 AM ・ Updated Jun 13, 2026 8:27 AM ・ 2 min read ・ Source: PR Times

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Ho Tung Chemical announced that its subsidiary, Yilian Sugar, will discontinue its sugar business due to continuous losses, resulting in an impairment loss of NT$289,515,000 in Q2 2026.

PRIMARY SOURCE PR Times View source Distributor: PR Times
Published: May 15, 2026

1. Date of occurrence: 2026/05/15 2. Reason for the event: Because the subsidiary Yilian Sugar Co., Ltd. assessed that its sugar production and sales could not reach economic scale and continued to incur losses, it will not continue its sugar business. (Items 3-11: N/A) 12. Decision-making process: Approved by the Board of Directors of Yilian Sugar Co., Ltd. on May 15, 2026. 13. Other matters to be specified: An impairment assessment of sugar production-related equipment has been conducted. Yilian Sugar Co., Ltd. will recognize an impairment loss of NT$289,515 thousand in the second quarter of 2026.

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Source: PR Times
Category: News

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Announced　May 15, 2026 9:00 AM — Distributor PR Times
Collected　May 16, 2026 8:00 AM
AI structured & analyzed　May 16, 2026 10:26 AM
Desk-reviewed & published　May 15, 2026 9:00 AM

FAQ

What are the key facts in this article?

Ho Tung Chemical announced that its subsidiary, Yilian Sugar, will discontinue its sugar business due to continuous losses, resulting in an impairment loss of NT$289,515,000 in Q2 2026.

Where is the primary source?

PR Times: https://mops.twse.com.tw/material/twse-1709-2026-05-15-ac75e537

When was it published?

May 15, 2026

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Washin AI News Desk“[Ho Tung] Announcement on behalf of important subsidiary Yilian Sugar Co., Ltd. regarding discontinuation of the sugar business”AI News by Washin Village（和心村）, May 15, 2026. https://aeo.washinmura.jp/ai/%E5%92%8C%E7%9B%8A/en/news/2026-05-16-ho-tung-announcement-on-behalf-of-import

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