Taiwanese producers record positive August results

Taiwan’s Asia Cement Corp has reported a 31.7 per cent YoY increase in revenue to TWD7.18bn (US$232.9m) for August 2018, alongside a 34.6 per cent rise in Jan-Aug revenue to TWD53.21bn.

Elsewhere in the country, Taiwan Cement Corp noted a 54 per cent YoY surge in August revenue to TWD10.7bn from TWD6.95bn. In the Jan-Aug period, revenue reached TWD79.22bn from TWD60.88bn.

Furthermore, Hsing Ta Cement saw August revenue up 22.8 per cent to TWD598.64m and Jan-Aug revenue advance 24.9 per cent to TWD4.02bn.

However, Lucky Cement Corp recorded a 12.9 per cent fall in August revenue to TWD255.46m and a decline of 5.2 per cent to TWD2.2bn in Jan-Aug.