Taiwanese producers record mixed results in October

Taiwan’s Hsing Ta Cement has recorded a 12.5 per cent YoY fall in revenue for October 2019, decreasing to TWD638.73m (US$21m) from TWD729.87m. However, revenue in the January-October period increased 15 per cent YoY to TWD6.26bn.

Elsewhere in the country, Asia Cement Corp saw an 8.4 per cent YoY dip in October revenue to TWD7.02bn from TWD7.66bn. Revenue in the 10M19 was up 6.8 per cent to TWD73.23bn.

Universal Cement Corp noted a 10.1 per cent improvement in revenue for October 2019, which increased to TWD503.3m from TWD457.2m in the year-ago period. Revenue also advanced 4.1 per cent YoY to TWD4.05bn in the 10M19.