Taiwan’s Hsing Ta Cement has recorded a 12.5 per cent YoY fall in revenue for October 2019, decreasing to TWD638.73m (US$21m) from TWD729.87m. However, revenue in the January-October period increased 15 per cent YoY to TWD6.26bn.
Elsewhere in the country, Asia Cement Corp saw an 8.4 per cent YoY dip in October revenue to TWD7.02bn from TWD7.66bn. Revenue in the 10M19 was up 6.8 per cent to TWD73.23bn.
Universal Cement Corp noted a 10.1 per cent improvement in revenue for October 2019, which increased to TWD503.3m from TWD457.2m in the year-ago period. Revenue also advanced 4.1 per cent YoY to TWD4.05bn in the 10M19.

Titan Cement completes sale of 75 per cent of Turkish subsidiary
Greece-based Titan Cement Co SA has completed the sale of 75 per cent of Adocim Cimento Be...