Hsing Ta Cement reports stable net profit

Taiwanese cement producer Hsing Ta Cement saw its revenues advance 29.7 per cent to TWD1.748bn (US$56.8m) in the 2Q18 from TWD1.348bn in the year-ago period.

Pretax profit more than doubled from TWD206.304m in the 2Q17 to TWD440.058m one year later. The company’s net profit remained largely stable at TWD125.366m (2Q17: TWD126.441m).