Hsing Ta Cement sees 14% decline in revenue

Taiwan’s Hsing Ta Cement has seen a 14.3 per cent decline in revenue to TWD1.16bn (US$38.96m) for the January-March 2020 period, against TWD1.36bn in the 1Q19.

The company’s net profit was also down 28.7 per cent to TWD91.34m from TWD128.05m.