Cement News tagged under: taiwan
Taiwan Cement Corp announces 3% revenue decline in July07 August 2020, Published under Cement NewsTaiwan Cement Corp has seen a three per cent YoY decline in revenue for July 2020, falling to TWD10.18bn (US$346m) from TWD10.49bn in July 2019. In the first seven months of 2020, revenue has decreased 6.8 per cent YoY to TWD62.6bn from TWD67.2bn. |
Taiwan's producers report positive June results10 July 2020, Published under Cement NewsTaiwan’s Universal Cement Corp has reported a 28.2 per cent YoY rise in its revenue to TWD453.56m (US$15.39m) for June 2020, compared to TWD353.93m in the year-ago period. In the first half of the year, the company saw revenue increase 8.8 per cent to TWD2.59bn. Elsewhere, Chia Hsin Cement Corp saw a 27.5 per cent advance in revenue to TWD166.77m from TWD130.82m in June 2019. In the 1H20, revenue climbed 11.4 per cent YoY to TWD992.3m. In June 2020 Taiwan Cement Corp noted that its revenu... |
Lucky Cement sees 33% rise in June revenue09 July 2020, Published under Cement NewsTaiwan’s Lucky Cement has posted a 32.6 per cent rise in revenue to TWD360.6m (US$12.25m) for June 2020, compared to TWD272m in the year-ago period. In the first six months of the year, revenue advanced 28.3 per cent YoY to TWD2.23bn from TWD1.74bn. |
Taiwan's cement producers see mixed results in May10 June 2020, Published under Cement NewsTaiwan Cement Corp has reported a 5.7 per cent YoY fall in revenue to TWD10.29bn (US$347.6m) for May 2020, compared with TWD10.9bn in the same month last year. In the first five months of the year, revenue declined 9.3 per cent to TWD42.48bn from TWD46.86bn. Elsewhere, Universal Cement Corp saw its revenue for the month down 4.3 per cent to TWD403.1m from TWD421.3m in May 2019. However, in the 5M20 revenue advanced 5.5 per cent YoY to TWD2.14bn. In May 2020, Lucky Cement’s revenue increas... |
Hsing Ta Cement sees 12% fall in revenue for May10 June 2020, Published under Cement NewsTaiwan’s Hsing Ta Cement saw an 11.7 per cent drop in revenue to TWD706.9m (US$23.77m) for May 2020, compared to TWD800.4m in the same month last year. In the first five months of the year, revenue declined 9.2 per cent YoY to TWD2.64bn from TWD2.91bn in the year-ago period. |
Asia Cement Corp sees 32% decline in revenue15 May 2020, Published under Cement NewsTaiwan’s Asia Cement Corp has posted a 32.2 per cent decline in revenue to TWD13.14bn (US$439.2m) in the first quarter of 2020, compared with TWD19.39bn in the year-ago period. Net profit also fell 74.6 per cent YoY to TWD743.77m from TWD2.93bn in the 1Q19. |
Hsing Ta Cement sees 14% decline in revenue15 May 2020, Published under Cement NewsTaiwan’s Hsing Ta Cement has seen a 14.3 per cent decline in revenue to TWD1.16bn (US$38.96m) for the January-March 2020 period, against TWD1.36bn in the 1Q19. The company’s net profit was also down 28.7 per cent to TWD91.34m from TWD128.05m. |
Vietnam's cement exports to China drop 5% in 1Q2012 May 2020, Published under Cement NewsChina was the largest market for Vietnamese cement imports in the first quarter of 2020, importing 2.73Mt worth US$96.92m, according to the latest data from the General Department of Vietnam Customs. This was down 5.4 per cent and 13.3 per cent YoY in volume and value, respectively, but still accounted for 35.3 per cent of Vietnam’s export volumes during the quarter. The Philippines imported 1.47Mt worth US$69.09m in the 1Q20, declining 27.5 per cent YoY in volume and 32.3 per cent in val... |
Asia Cement Corp partners with RWE for offshore energy project03 April 2020, Published under Cement NewsEurope’s third-largest renewables group, RWE, is partnering with Taiwan’s Asia Cement Corp to set up an offshore wind project. The Chu Feng project would have an installed capacity of 448MW and be located off the northwest coast, near Hsinchu City. "The Chu Feng project will enable us to enter this growing market with a strong local partner at our side, whose local expertise complements our global experience and technical know-how," said Sven Utermoehlen, senior vice president of Renewable ... |
Taiwan's cement manufacturers record mixed results10 March 2020, Published under Cement NewsTaiwan’s major cement manufacturers have reported mixed results in the first two months of 2020. Taiwan Cement Corp Taiwan Cement Corp has seen a 1.7 per cent decline in February revenue to TWD5bn (US$166.8m) from TWD5.09bn a year earlier. In the first two months of 2020, total revenue was down 13.7 per cent YoY to TWD12.5bn from TWD14.5bn. Asia Cement Corp Asia Cement Corp has also recorded a 9.9 per cent fall in sales to TWD2.85bn in February, compared with TWD3.17bn in the year-ago... |