Taiwan's producers see decline in August revenue

Taiwan’s Universal Cement Corp has reported a 3.5 per cent YoY decline in August revenue to TWD366.9m (US$12.5m), against TWD380.4m in the same month of 2019. However, in the January-August 2020 period, the company posted an 8.7 per cent YoY rise in revenue to TWD3.44bn from TWD3.16bn.

Elsewhere, Hsing Ta Cement saw a 14 per cent fall in August 2020 revenue to TWD625.7m from TWD727.9m last year. In the first eight months of the year, revenue dipped 7.4 per cent YoY to TWD4.54bn.