Cement News tagged under: North Asia

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Lucky Cement posts 15% fall in revenue in 10M21

09 November 2021, Published under Cement News

Taiwan’s Lucky Cement has posted a 27.5 per cent YoY decline in revenue to TWD276.7m (US$9.84m) in October 2021, compared to TWD381.65m in the year-ago period. In the first 10 months of the year, revenue decreased 14.9 per cent to TWD3.18bn from TWD3.74bn in the 10M20.

Southeast Cement Co reports 5% rise in October revenue

09 November 2021, Published under Cement News

Taiwan’s Southeast Cement Co has seen a 5.4 per cent YoY improvement in October revenue to TWD151.36m (US$5.46m), compared to TWD143.59m in the year-ago period. In the January-October 2021 period, revenue improved 16.7 per cent to TWD1.5bn from TWD1.28bn.

China Shanshui Cement records 15% rise in revenue

26 October 2021, Published under Cement News

China Shanshui Cement has recorded a 23.6 per cent YoY decline in attributable profit to CNY1.78bn (US$278.83m) in the first nine months of the year, compared to CNY2.33bn in the year-ago period. However, revenue advanced 14.8 per cent to CNY17.57bn from CNY15.31bn in the 9M20.

Guangdong Tapai Group announces impact of energy regulation plans

11 October 2021, Published under Cement News

China’s Guangdong Tapai Group Co has announced the expected impact on its operations of the local government’s plan to regulate energy consumption in 2021. The energy consumption control requirements of key energy-consuming units reportedly ensure that consumption in 2021 will not exceed the control amount issued for the year. As a result of the policy, the production capacity of its Jinta, Xinda and Huizhou units of the company’s Jiaoling Branch and its subsidiaries will be affected. Cemen...

Taiwan's producers see mixed September results

08 October 2021, Published under Cement News

Taiwan’s Asia Cement has reported a 7.9 per cent YoY rise in September revenue to TWD7.83bn (US$278.97m) from TWD7.26bn in the year-ago period. In the first nine months of the year, revenue increased 13.3 per cent to TWD61.81bn from TWD54.56bn. Universal Cement saw revenue advance 17.2 per cent YoY in September to TWD528.3m, while its 9M21 revenue was up 12.1 per cent to TWD4.36bn from TWD3.89bn. Elsewhere, Lucky Cement announced a 29 per cent decline in revenue for September to TWD269.96...

Taiwan Cement Corp invests TWD22.3bn in renewable energy

05 October 2021, Published under Cement News

Taiwan Cement Corp (TCC) has approved three major renewable energy investments, representing a total value of TWD22.3bn (US$799.4m). The company will invest TWD5.5bn on installing large storage systems at its Su’ao plant in Yilan and its Hoping unit in Hualien – resulting in the largest in Taiwan when combined. A 100MW/250MWh storage system will be built at Hoping, representing an investment of TWD4bn. At Su’ao a 35MW/87.5MWh storage system will be built in multiple phases and at a cost of...

Universal Cement sees 18% rise in revenue

10 September 2021, Published under Cement News

Taiwan’s Universal Cement has seen a 17.5 per cent YoY rise in August revenue to TWD431.2m (US$15.61m), compared to TWD366.99m in the year-ago period. In the first eight months of the year, revenue advanced 11.5 per cent to TWD3.83bn from TWD3.44bn.

Lucky Cement Co sees revenue down 12% YoY in 8M21

08 September 2021, Published under Cement News

Taiwan’s Lucky Cement Co has reported a 31.9 per cent YoY decline in August revenue to TWD249.98m (US$9.01m) from TWD366.85m in the year-ago period. In the first eight months of the year, revenue has also decreased 11.5 per cent YoY to TWD2.64bn from TWD2.98bn.

West China Cement sees profit rise 40% YoY

31 August 2021, Published under Cement News

West China Cement has posted a 40.4 per cent YoY rise in attributable profit to CNY1.06bn (US$163.5m) for the first half of 2021, compared to CNY752.3m in the 1H20. Revenue also advanced 40.7 per cent YoY to CNY4.23bn from CNY3bn in the first half of 2020.

China Tianrui Group Cement records 9% rise in revenue

23 August 2021, Published under Cement News

China Tianrui Group Cement has posted a 9.1 per cent YoY increase in revenue to CNY5.73bn (US$882.8m) for the first half of 2021, compared to CNY5.25bn in the year-ago period. Attributable profit also advanced 4.5 per cent YoY to CNY751.6m from CNY719m in the 1H20.