Taiwan Cement higher on 2004 earnings forecast hike

Taiwan Cement higher on 2004 earnings forecast hike
Published: 30 December 2004

Taiwan Cement Corp was higher following the company’s move to raise its earnings forecast, dealers said. Taiwan Cement was up TR$0.20 at 21.10 on volume of 1.62m shares. The company has raised its 2004 parent net profit forecast to TW$4.5bn from the TW$3.05bn estimated previously in April.