Cement News tagged under: Taiwan

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Universal Cement sees 12% increase in revenue

15 November 2021, Published under Cement News

Taiwan’s Universal Cement has announced a 12.2 per cent YoY increase in revenue to TWD1.45bn (US$52.32m) in the third quarter of 2021, compared to TWD1.29bn in the comparable period of last year. However, its net profit declined 50.5 per cent to TWD194m from TWD392.1m in the 3Q20.

Taiwan Cement sees revenue up 1% in October

10 November 2021, Published under Cement News

Taiwan Cement has seen a modest one per cent YoY increase in October revenue to TWD9.57bn (US$344.8m) compared to TWD9.47bn in the year-ago period. In the first 10-months of the year, revenue was up 0.7 per cent to TWD86.47bn from TWD85.9bn.

Hsing Ta Cement records 16% decline in revenue

10 November 2021, Published under Cement News

Taiwan’s Hsing Ta Cement has seen a 16.4 per cent YoY decline in October revenue to TWD660.62m from TWD789.78m in the same month of 2020.  In January-October 2021, revenue was down 3.1 per cent YoY to TWD5.82bn from TWD6bn.

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.

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.

Chia Hsin Cement records 11% rise in revenue

16 August 2021, Published under Cement News

Taiwan’s Chia Hsin Cement has posted a 10.7 per cent increase in revenue to TWD550.39m (US$19.76m) in the second quarter of the year, compared to TWD496.99m in the 2Q20. However, the company has recorded a net loss of TWD162.49m in the same quarter against a TWD139.88m profit in the corresponding period of 2020.