Taihieyo’s full-year net turnaround, Japan

Taihieyo’s full-year net turnaround, Japan
Published: 16 May 2011

Taiheiyo Cement Corp improved net loss from JPY37bn to a profit of JPY5.2bn (US$64m) on revenue down 0.3% to JPY726.5bn for the year to March 31, 2011.

Operating profit increased from JPY3.6bn to JPY16.4bn and ordinary profit rose from JPY148m to JPY8.1bn.

Earnings per share was JPY5.5 per share. An annual dividend of JPY2.5 per share was declared, up from no dividend last year.