The COVID-19 epidemic has a significant impact on work and lifestyle in recent years. In reaction to this transition, corporations have accelerated their efforts in automation and digitization. Ace Pillar has broadened the scope and value of its diversified products and services in response to these changing industry conditions.
Ace Pillar was ranked in the top 50% of corporate governance evaluations in 2022. Furthermore, the consolidated revenue for fiscal year 2022 exceeded 37.62 billion, representing a 2.83% annual growth rate. The holding company's consolidated net income after taxes was 0.79 billion, resulting in earnings per share (EPS) of NT$ 0.7 after taxes. The average full-time pay for non-managerial employees was NT$895,000.
Ace Pillar offered an employee stock ownership plan in 2022. Employees may hold a certain number of shares each month, and the company will also provide the same amount for employees. Ace Pillar believes that employee engagement and team spirit are critical to the company's success, as seen by its steadily rising stock price. Therefore, Ace Pillar will continue to invest in employee well-being, compensation standards, and environmental, social, and governance (ESG). Create a win-win situation for both stakeholders and employees. In the future, technological breakthroughs will alter the industry structure, resulting in fierce competition across industries and a more challenging business environment. Therefore, in 2022, Ace Pillar officially introduced "Ace Pillar 2.0," indicating the company's future focus on three major fields: smart automation, green energy, and semiconductors.
Taiwan's total population has been declining since 2020, signaling the country's slow transition to an elderly society. Ace Pillar established the Center for Smart Automation Applications in 2022 in response to the challenges created by an aging workforce and a labor shortage in the manufacturing sector. This center focuses on addressing the workforce gap challenges of manufacturing industry clients at the factory level.
It provides Pick & Place, AI machine vision, packaging/stacking, AGV/AMR, and other services. We strive to meet our customers' most difficult workforce requirements. Furthermore, we offer software services such as data analysis and cloud management platforms for core modules. Based on the state of their industrial production, customers can make modifications and enhancements.
Using Ace Pillar's transmission and automation skills, as well as Standard Technology's extensive experience and fundamental understanding in the semiconductor industry. We seek to provide customers a more complete one-stop solution. This covers facility management, operations, and intelligent logistics systems, as well as the provision of equipment, components, and consumables. The collaborative initiative is purposefully created to assist semiconductor industry clients in their digitization journey.
The pandemic has ushered in a new era in ESG considerations, in which corporate sustainability is more than just a responsibility, but a crucial aspect in business longevity. Ace Pillar is committed to connecting its processes with the objectives of sustainable development while driving operational excellence. Our dedication to continuous improvement extends to all parts of our operations.
Ace Pillar represents leading energy-saving and energy-storage brands such as Delta, ABB, Panasonic, and others. Ace Pillar further complete the picture of green-energy strategy by investments in Ace Energy and Blue Walker which make us agency's represented brands span across Taiwan, Japan and Europe. Carbon footprint audits and energy-saving solutions (including renewable energy conservation, energy-storage, and systems), equipment management, electricity prices, planning , carbon offset, charging solutions and UPS (Uninterruptible Power Supply) are the areas of attention for us. Our goal is to provide a total solution that includes audits, planning, deployment, and digitized tracking.
In terms of social inclusion, we regard our employees as our most valuable asset. Our ongoing goal is to provide a peaceful and stable work atmosphere. We prioritize employee health by going beyond basic health checks and developing on-site medical and health service programs, as well as ensuring our colleagues have access to daily health consultations.
On the social care front, we actively encourage our staff to engage in charity events organized by the BenQ Foundation, a Bestcom Group member. Through these concrete efforts, we actively contribute to societal welfare. In terms of environmental sustainability, we implement green economic practices and energy efficiency into our core business development, in line with global trends.
Our commitment to corporate governance is strong, and we are striving for Corporate Governance 3.0.
This involves improving governance assessments and directing our subsidiaries toward institutionalized corporate governance and legal compliance.
As part of our increased attention on ESG issues in 2023, Ace Pillar has formed the "Sustainable Development Committee." This group is devoted to assessing risks and opportunities while developing a long-term strategy. Our commitment to continual improvement includes enhancing the board's oversight of ESG performance.
Ace Pillar is devoted to the ideals of resource conservation and corporate social responsibility as we embark on our road toward sustainable development. We are constantly working to improve our long-
term business plan. By releasing this report, we hope to provide our stakeholders with a more in-depth understanding of our dedication and efforts. Your advice and recommendations are vital to us, and we are grateful for your continuous assistance.