Cement News tagged under: Taiwan

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Taiwan's producers see fall in November revenue

10 December 2020, Published under Cement News

Taiwan Cement Corp has reported a 6.8 per cent YoY decline in revenue for November to TWD10.89bn (US$385.81m) from TWD11.68bn in the year-ago period. In the January-November period, revenue fell 6.4 per cent YoY to TWD103.4bn. Elsewhere in the country, Asia Cement Corp’s revenue was down one per cent to TWD7.92bn from TWD8bn in November 2019. In the first 11 months of the year, revenue fell 13.9 per cent YoY to TWD69.9bn from TWD81.2bn. Hsing Ta Cement also posted a 17.4 per cent dip i...

Lucky Cement reports 16% rise in November revenue

09 December 2020, Published under Cement News

Taiwan’s Lucky Cement has reported a 16.3 per cent YoY increase in revenue for November 2020, rising to TWD402.13m (US$14.24m) from TWD345.87m in November 2019. In the January-November 2020 period, revenue climbed 23.5 per cent YoY to TWD4.14bn from TWD3.35bn.

Taiwan Cement Corp sees revenue rise 3% in the 3Q20

20 November 2020, Published under Cement News

Taiwan Cement Corp has announced a three per cent YoY rise in revenue to TWD29.8bn (US$1.04bn) for the third quarter of 2020. Its net income also reached TWD7.4bn, up 14 per cent YoY. In the first nine months of the year, revenue decreased six per cent YoY to TWD82.2bn while net income increased four per cent to TWD18.4bn. "Fourth quarter is the traditional peak season for the cement market and we remain optimistic about our performance," said Edward Huang, senior vice president, Taiwa...

Taiwan's producers report October results

10 November 2020, Published under Cement News

Taiwan Cement Corp has reported an 8.2 per cent decline in October 2020 revenue to TWD10.29bn (US$360.7m) from TWD11.21bn in the same month of last year. Revenue also fell 6.3 per cent YoY in the January-October period to TWD92.54bn from TWD98.77bn. Elsewhere, Taiwan’s Asia Cement Corp saw October revenue climb 5.9 per cent YoY to TWD7.43bn from TWD7.02bn. However, in the 11M20, revenue slipped 15.3 per cent to TWD62bn from TWD73.23bn. Universal Cement Corp announced a largely-steady rev...

Hsing Ta Cement sees 24% rise in October revenue

09 November 2020, Published under Cement News

Taiwan’s Hsing Ta Cement has recorded a 23.6 per cent YoY rise in revenue in October, increasing to TWD789.78m (US$27.73m) from TWD638.73m in October 2019. In the January-October period, revenue saw a modest dip of 4.1 per cent YoY to TWD6bn from TWD6.26bn.

Taiwanese manufacturers report 9M20 results

12 October 2020, Published under Cement News

Taiwan Cement Corp has seen a 3.7 per cent YoY fall in September revenue to TWD9.75bn (US$340.96m) from TWD10.12bn in the same month last year. In the first nine months of 2020, revenue declined 6.1 per cent to TWD82.25bn from TWD87.56bn. Elsewhere, Lucky Cement saw its September revenue advance 21.9 per cent YoY to TWD380.77m from TWD312.44m in the year-ago period. In the 9M20, revenue climbed 26.3 per cent YoY to TWD3.36bn from TWD2.66bn.

Universal Cement Corp sees 9% rise in revenue in 9M20

08 October 2020, Published under Cement News

Taiwan’s Universal Cement Corp saw a 15.3 per cent YoY rise in revenue in September 2020 to TWD450.89m (US$15.73m) from TWD391.2m in the same month last year. In the first nine months of 2020, revenue increased 9.4 per cent to TWD3.89bn from TWD3.55bn.

Asia Cement to purchase additional stake in Chiahui Power

11 September 2020, Published under Cement News

Japan-based Electric Power Development Co, also known as J-Power, is planning to sell its entire stake in  Chiahui Power to Taiwan’s Asia Cement for TWD5.37bn (US$183m). The share sale is subject to the approval of Taiwan’s authorities. Asia Cement, by purchasing the 39.97 per cent share, will raise its stake in Chiahui Power to 99.7 per cent. J-Power initially acquired the Chiahui Power shares from Asia Cement in 2002 and invested around JPY8bn (US$7m) into the firm, making it its lar...

Taiwan's producers see decline in August revenue

10 September 2020, Published under Cement News

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.

Lucky Cement posts 23% rise in August revenue

09 September 2020, Published under Cement News

Taiwan’s Lucky Cement has announced a 22.9 per cent YoY rise in August revenue to TWD366.8m (US$12.5m) from TWD298.5m in the same month of 2019. In the first eight months of 2020, the company posted a 26.9 per cent YoY advance in revenue to TWD2.98bn from TWD2.3bn.