Management Compensationyup. In 2022 taiga paid 18 million in salaries and benefits and 14.4 million in bonuses. 32.48 million total to executives and directors. in 2021 they paid 15.76 million in salaries and benefits plus 14.6 million in bonuses. 30.36 million total. over 2 million more in 2022, despite the company earning 4.1 million less than last year (88 million vs 92.7 million). looks to me like they're giving themselves 38 % of the profits.
Dr. Kooi tong and ian tong each paid over 2 million in bonuses from "extraordinary services including consulting management with regards to the company's share buybacks, succession planning and growth oppurtunities... well they only purchased $94000 in shares in 2022... so thats worth absolutely nothing. there had better be some amazing succession and growth ahead!
comparing them to doman building materials who paid 5.76 million to executives and directors in 2022. and they're at least paying dividends to shareholders.