Cement News tagged under: Taiwan

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Asia Cement records 36% increase in revenue

14 May 2021, Published under Cement News

Taiwan’s Asia Cement has recorded a 36.1 per cent YoY increase in revenue to TWD17.88bn (US$639.38m) for the first quarter of 2021, up from TWD13.14bn in the 1Q20. Net profit advanced 330.2 per cent to TWD3.2bn from TWD743.77m in the year-ago period, while pre-tax profit reached TWD4.74bn from TWD1.57bn.

Hsing Ta Cement records 56% rise in revenue

14 May 2021, Published under Cement News

Taiwan’s Hsing Ta Cement has recorded a 55.5 per cent YoY rise in revenue to TWD1.8bn (US$64.76m) in the first quarter of 2021, compared with TWD1.17bn in the year-ago period. Net profit also surged 211 per cent to TWD284.4m from TWD91.34m in the first quarter of 2020. 

Chia Hsin Cement posts 10% rise in revenue

12 May 2021, Published under Cement News

Taiwan’s Chia Hsin Cement has posted a 9.9 per cent YoY increase in revenue to TWD544.53m (US$19.47m) in the first quarter of 2021, compared to TWD495.3m in the year-ago period. The company also saw its net loss narrow to TWD127.1m from TWD210.1m in the 1Q20.

Lucky Cement posts 15% fall in revenue

10 May 2021, Published under Cement News

Taiwan’s Lucky Cement has posted a 14.5 per cent YoY decline in April revenue to TWD345.56m (US$12.44m) from TWD404.2m in the year-ago period. In the first four months of 2021, the company saw a 7.8 per cent fall in revenue to TWD1.39bn from TWD1.51bn.

A change in direction for Taiwanese cement producers

01 April 2021, Published under Cement News

Taiwan's cement sector saw tremendous growth in 2020, after the country acted rapidly and very successfully to contain the COVID-19 pandemic. Cement consumption rose from 9.48Mt in 2019 to 10.07Mt in 2020, a rise of 6.2 per cent, according to data released by the Taiwan Cement Manufacturers' Association. Cement consumption previously exceeded 10Mt in 2015, when it peaked at 10.6Mt. It fell to 8.88Mt in 2017 before recovering to its current level, and in 2021 it is forecast to reach 10.36Mt,...

Taiwan Cement reports company revenue of TWD114.36bn in FY20

23 March 2021, Published under Cement News

Taiwan Cement has announced its consolidated financial results for the year ended 31December 2020, as compared to the corresponding period of last fiscal year.   Company r evenue amounted to TWD114.36bn (US$4.02bn) and the gross profit margin totalled 32.9 per cent compared to 29.3 per cent in FY19.  Operating income was TWD31.34bn and net income was TWD25.09bn, an increase of 3.7 per cent. Edward Huang, senior vice president, said: "In 2020 Taiwan Cement made achievements i...

Taiwanese manufacturers report mixed start to 2021

10 March 2021, Published under Cement News

Taiwan’s Lucky Cement has seen a 28.5 per cent fall in revenue to TWD279.07m (US$9.85m) in February 2021, compared to TWD390.29m in the year-ago period. In the first two months of the year, revenue advanced 1.4 per cent YoY to TWD696.4m from TWD686.68m. Elsewhere, Hsing Ta Cement reported a 4.7 per cent YoY decline in revenue to TWD190.34m from TWD199.78m in February 2020. However, revenue surged 37.4 per cent YoY to TWD929.57m in the 2M20. Chia Hsin Cement has seen a 3.8 per cent YoY dro...

Taiwan Cement Corp reports 5% rise in revenue

09 March 2021, Published under Cement News

Taiwan Cement Corp has reported a 9.3 per cent YoY decline in revenue to TWD4.54bn (US$160.19m) for February 2021, compared with TWD5bn in the year-ago period. In the first two months of the year, revenue advanced five per cent YoY to TWD13.13bn from TWD12.5bn in the 2M20.

Chia Hsin Cement Corp sees 19% rise in January revenue

17 February 2021, Published under Cement News

Taiwan’s Chia Hsin Cement Corp has posted an 18.5 per cent YoY rise in revenue to TWD195.48m (US$6.98m) in January 2021. The company reported a revenue of TWD165m in January 2020.

Asia Cement Corp reports 3% increase in December revenue

08 January 2021, Published under Cement News

Taiwan’s Asia Cement Corp has reported a 2.5 per cent YoY increase in revenue to TWD8.32bn (US$297.2m) for December 2020, compared with TWD8.12bn in the year-ago period. In the full-year 2020, revenue declined 12.4 per cent YoY to TWD78.24bn from TWD89.34bn.