Taiheiyo Cement posts 6% net profit rise

Japan’s Taiheiyo Cement has seen a 19.2 per cent YoY decline in revenue to JPY339.8bn (US$2.98bn) in the first half of the FY21-22 ended 30 September, compared to JPY420.63bn in the year-ago period.

However, net profit rose 5.6 per cent to JPY19.49bn from JPY18.46bn in the 1HFY20-21.