Far Eastern Department Stores: Taipei Dome site to be fully operational in H2, Baoqing store reconstruction expected in 3 years
Far Eastern Department Stores announced at its shareholders' meeting that the 'Far Eastern Garden City' at the Taipei Dome will be fully operational in the second half of this year, and the Baoqing store is expected to complete reconstruction in 2-3 years with a 40-50% increase in floor space.
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- 📰 Published: May 27, 2026 at 11:56
- 🔍 Collected: May 31, 2026 at 23:40 (107h 44m after Published)
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CNA reporter Chiang Ming-yen, Taipei, May 27. Far Eastern Department Stores (FE) held its annual shareholders' meeting today. General Manager Hsu Hsueh-fang stated that the 'Far Eastern Garden City' at the Taipei Dome is expected to be fully operational in the second half of the year. Regarding the Baoqing store, which is currently under reconstruction, COO Lin Chang-feng added that it is expected to be completed in 2 to 3 years, with a 40% to 50% increase in operating area, which will significantly contribute to future performance. Over the past 15 years, FE has seen an average annual growth of 6.1% in individual performance. In 2025, the consolidated revenue was NT$131.2 billion, with an EPS of NT$1.56, and a cash dividend of NT$1.25 per share. The company aims to boost growth through the Taipei Dome project and continued optimization of existing stores.
FAQ
What are FE's future growth engines?
The Garden City at the Taipei Dome and the redeveloped Baoqing store are the main growth engines.