Cement News tagged under: Chia Hsin Cement

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Chia Hsin Cement Corp posts 21% fall in revenues in May

11 June 2019, Published under Cement News

Chia Hsin Cement Corp reported a 21.2 per cent decrease in revenues to TWD146.5m (US$4.67m) in May when compared with May 2018, when revenues reached TWD185.9m was posted. For the first five months of 2019, revenues declined by 8.2 per cent to TWD760m from TWD828m in the 5M18.

Chia Hsin Cement Corp profit surges in 2Q18

13 August 2018, Published under Cement News

Chia Hsin Cement Corp reported a rise of 15 per cent in its revenues for the 2Q18 to TWD529.67m (US$17.2m) from TWD460.547m. Pretax profits increased from TWD28.99m in 2Q17 to TWD265.4m one year later while net profits soared from TWD10.59m to TWD246.811m over the same period.

Chia Hsin Cement records net profit

14 May 2018, Published under Cement News

Taiwan's Chia Hsin Cement Corp has reported a 21.3 per cent YoY drop in revenue for the first quarter of 2018, falling to TWD471.26m (US$15.8m) from TWD598.48m. However, the company also announced a net profit of TWD152.31m, compared to a net loss of TWD111.32m in the year-ago period.

Chia Hsin Cement Corp reports revenue decrease in February

12 March 2018, Published under Cement News

Taiwan-based Chia Hsin Cement Corp has announced its results for the Jan-Feb 2018 period, recording a 26 per cent YoY decrease in revenue from TWD404.17 (US$13.80m) to TWD297.68m. In February the company saw a 27 per cent fall in revenue to TWD125.59m from TWD171.51m of the year-ago period.

Taiwan: Chia Hsin Cement sees 11% revenue rise, pretax profit drop

31 March 2017, Published under Cement News

Chia Hsin Cement Corp of Taiwan reported an 11 per cent rise in revenues to TWD3.14bn (US$103.3m) in 2016 when compared with TWD2.83bn in 2015. However, pretax profits dipped 59.4 per cent from TWD194.9m in 2015 to TWD79.2m the following year. Net profits reached TWD24.89m.

Hong Kong: TCC International increases its shareholding in TCC

07 September 2016, Published under Cement News

TCC International Holdings Ltd (TCCI) declared that Chia Hsin Pacific Ltd under Chia Hsin Cement Corporation plans to sell off 3030m common shares in TCC to TCC International Ltd for HKD 2.2 per share or HKD667m in total. Payment will start on 8 September, after which TCCI will raise its shareholding in TCC from 56.92 per cent to 63.05 per cent, while Chia Hsin Pacific will then hold less than 10 per cent in TCC.

Taiwan Cement acquisition deal rejected

08 May 2014, Published under Cement News

Shares of Taiwan Cement Corp (TCC) moved lower on Wednesday after Chia Hsin Cement Corp rejected a deal in which TCC would have acquired all of TCC International Holdings Ltd's outstanding shares, dealers said. TCC owns a majority stake in TCC International Holdings Ltd. Currently, Chia Hsin Cement holds a 15.8 per cent stake in Hong Kong-listed TCC International Holdings and the rejection of the acquisition deal could hamper TCC's efforts to fully bring the unit under its corporate umbrell...