Taiwan manufacturers see positive January

Four of Taiwan's cement producers have reported positive results for January. Hsing Ta, Universal, Asia Cement Corp and Taiwan Cement Corp all saw revenues increase.  

Hsing Ta Cement has announced its revenue results for the January 2018 period, which feature a 42.8 per cent rise to TWD475.4m (US$16.2m) from TWD333m in January 2017.

Similarly, Universal Cement Corp has realised a 26.6 per cent YoY revenue increase from TWD363.8m to TWD460.4m for January 2018.

In the same period, Asia Cement Corp has reported a significant improvement upon last year. January revenue finished 63.4 per cent higher at TWD6.7bn this year, above TWD4.1bn of 2017.  

Taiwan Cement Corp has reported a 15.7 per cent YoY increase in its revenues. The company’s sales reached TWD9.617bn, up from TWD6.132bn in January 2017, according to the Taiwan Stock Exchange.