Taiwan Cement sees 2006 profit growth

Taiwan Cement sees 2006 profit growth
Published: 27 February 2006


Taiwan Cement Corp  chairman Koo Cheng-yun said company profits in 2006 will surpass the level achieved in 2005 amid its capacity expansion in China, the Economic Daily News reported.  The daily did not elaborate further on the earnings projection but said its pretax profit was estimated at around six bln twd in 2005. Meanwhile, the parent company will establish international headquarters in Taiwan, it added.