Chia Hsin Cement Corp of Taiwan reported an 11 per cent rise in revenues to TWD3.14bn (US$103.3m) in 2016 when compared with TWD2.83bn in 2015.
However, pretax profits dipped 59.4 per cent from TWD194.9m in 2015 to TWD79.2m the following year. Net profits reached TWD24.89m.
US tariffs will hit Greek and Canadian cement producers hardest
Canadian and Greek cement producers will be hit hardest by US tariffs. Adding to the already ann...