Cement News tagged under: taiwan
Lucky Cement posts 15% fall in revenue in 10M2109 November 2021, Published under Cement NewsTaiwan’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 revenue09 November 2021, Published under Cement NewsTaiwan’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 results08 October 2021, Published under Cement NewsTaiwan’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 energy05 October 2021, Published under Cement NewsTaiwan 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 revenue10 September 2021, Published under Cement NewsTaiwan’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 8M2108 September 2021, Published under Cement NewsTaiwan’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 revenue16 August 2021, Published under Cement NewsTaiwan’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. |
Asia Cement posts 7% rise in revenue11 August 2021, Published under Cement NewsTaiwan’s Asia Cement has recorded a 6.7 per cent YoY rise in revenue to TWD22.08bn (US$792.89m) in the second quarter of the year, compared to TWD20.69bn in the year-ago period. However, net profit saw a 3.3 per cent fall to TWD4.52bn from TWD4.67bn in the 2Q20. |
Lucky Cement posts 19% decrease in revenue09 August 2021, Published under Cement NewsTaiwan’s Lucky Cement has posted a 19.1 per cent YoY decline in revenue to TWD310.86m (US$11.17m) in July 2021, compared to TWD384.04m in the same month of the previous year. In the first six months of the year, the company also reported an 8.6 per cent decrease in revenue to TWD2.39bn from TWD2.61bn in the 1H20. |
Taiwan Cement Corp completes majority acquisition of Engie EPS21 July 2021, Published under Cement NewsTaiwan Cement Corp has finalised the acquisition of a 60.48 per cent share of Italy-based energy storage company Engie EPS SA on 20 July 2021, at a price of EUR17.10 per share and a total investment of EUR132m. The new company name, New Horizons Ahead (NHOA), also came into effect. According to Bloomberg New Energy Finance (BNEF), after the acquisition of NHOA, TCC will be in fourth place in global energy storage power output and become a major supplier of high-end electric vehicle (EV) c... |