Taiwanese cement companies report positive results in 1Q19

Taiwan Cement Corp reported improved revenues for March 2019 at TWD10.877bn (US$352.62m), up 11.6 per cent when compared with TWD9.75bn in March 2018, according to Dow Jones Newswires.

Universal Cement Corp revenues remained largely stable in March 2019 at TWD437.14m, when compared with TWD437.497m in the same period the previous year.

Revenues for Lucky Cement Co slipped 0.6 per cent to TWD313.093m in March 2019 from TWD314.84m in March 2018.

January-March 2019
In the January-March 2019 period Taiwan Cement Corp’s revenues increased 4.9 per cent YoY to TWD25.356bn from TWD24.179bn in the equivalent period of the previous year.

Meanwhile, Universal Cement Corp posted a 1.8 per cent in revenues, which reached TWD1.187bn in the 1Q19, when compared with TW1.166bn in the 1Q18.

Lucky Cement Co saw its revenues in January-March 2019 edge up by 0.2 per cent YoY to TWD834.347m from TWD832.661m in January-March 2018.