The firm has expanded production capacity by 50 per cent to meet rising orders. First-half sales volume surged 75 percent from a year ago to 12.24Mt.
"The second half, especially from September, is our busiest season as the weather [with little rain] is more conducive for the construction industry," said TCC managing director Wu Yih-chin.
TCC’s capital expenditure in the second half will be around HK$1.7bn. But Wu warned that its net gearing ratio may increase to 100 per cent by year-end from 80 per cent.
