Cement News tagged under: Asia Cement Corp
Asia Cement reports stable 3Q revenue but net profit falls 30%14 November 2024, Published under Cement NewsTaiwanese cement producer Asia Cement Corp has reported a revenue of TWD19,953.2m (US$614.9m) in the third quarter of 2024, up 0.3 per cent YoY when compared with the 3Q23, when revenue reached TWD19,893.9m. The company posted a pretax profit of TWD2254.8m, down 31.2 per cent YoY from TWD3278.6m in the 3Q23. Net profit declined by 29.9 per cent YoY to TWD1896.3m in the 3Q24 from TWD2705.6m in the year-ago period. |
Asia Cement Corp and RWE to collaborate on more offshore wind projects07 December 2021, Published under Cement NewsTaiwan’s Asia Cement Corp (ACC) and RWE, which are both developing the 448MW Chu Feng offshore wind project, are now set to expand their strategic partnership to include further projects off the coast of Taiwan. They are expected to investigate several new projects in the waters of Hsinchu, Taichung and Changhua, with some of these sites having water depths that are suitable for floating offshore wind. Jens Orfelt, RWE Renewables APAC president for offshore wind, said: “RWE is strongly com... |
Asia Cement Corp reports 3% increase in December revenue08 January 2021, Published under Cement NewsTaiwan’s Asia Cement Corp has reported a 2.5 per cent YoY increase in revenue to TWD8.32bn (US$297.2m) for December 2020, compared with TWD8.12bn in the year-ago period. In the full-year 2020, revenue declined 12.4 per cent YoY to TWD78.24bn from TWD89.34bn. |
Taiwan's producers see fall in November revenue10 December 2020, Published under Cement NewsTaiwan Cement Corp has reported a 6.8 per cent YoY decline in revenue for November to TWD10.89bn (US$385.81m) from TWD11.68bn in the year-ago period. In the January-November period, revenue fell 6.4 per cent YoY to TWD103.4bn. Elsewhere in the country, Asia Cement Corp’s revenue was down one per cent to TWD7.92bn from TWD8bn in November 2019. In the first 11 months of the year, revenue fell 13.9 per cent YoY to TWD69.9bn from TWD81.2bn. Hsing Ta Cement also posted a 17.4 per cent dip i... |
Taiwan's producers report October results10 November 2020, Published under Cement NewsTaiwan Cement Corp has reported an 8.2 per cent decline in October 2020 revenue to TWD10.29bn (US$360.7m) from TWD11.21bn in the same month of last year. Revenue also fell 6.3 per cent YoY in the January-October period to TWD92.54bn from TWD98.77bn. Elsewhere, Taiwan’s Asia Cement Corp saw October revenue climb 5.9 per cent YoY to TWD7.43bn from TWD7.02bn. However, in the 11M20, revenue slipped 15.3 per cent to TWD62bn from TWD73.23bn. Universal Cement Corp announced a largely-steady rev... |
Asia Cement Corp partners with RWE for offshore energy project03 April 2020, Published under Cement NewsEurope’s third-largest renewables group, RWE, is partnering with Taiwan’s Asia Cement Corp to set up an offshore wind project. The Chu Feng project would have an installed capacity of 448MW and be located off the northwest coast, near Hsinchu City. "The Chu Feng project will enable us to enter this growing market with a strong local partner at our side, whose local expertise complements our global experience and technical know-how," said Sven Utermoehlen, senior vice president of Renewable ... |
Taiwan's cement manufacturers record mixed results10 March 2020, Published under Cement NewsTaiwan’s major cement manufacturers have reported mixed results in the first two months of 2020. Taiwan Cement Corp Taiwan Cement Corp has seen a 1.7 per cent decline in February revenue to TWD5bn (US$166.8m) from TWD5.09bn a year earlier. In the first two months of 2020, total revenue was down 13.7 per cent YoY to TWD12.5bn from TWD14.5bn. Asia Cement Corp Asia Cement Corp has also recorded a 9.9 per cent fall in sales to TWD2.85bn in February, compared with TWD3.17bn in the year-ago... |
Taiwanese cement producers see revenue decline in January10 February 2020, Published under Cement NewsTaiwan’s cement manufacturers have recorded a challenging start to the year, with Taiwan Cement Corp noting a 20.1 per cent decline in January revenue to TWD7.50bn (US$249.3m) from TWD9.39bn in the year-ago period. Elsewhere, Asia Cement Corp recorded a 34.1 per cent YoY decrease in revenue to TWD5.21bn for the first month of 2020. Lucky Cement saw a 16.1 per cent YoY fall in revenue to TWD296.4m from TWD353.19m in January 2019. |
Asia Cement Corp records 5% YoY revenue increase10 December 2019, Published under Cement NewsTaiwan’s Asia Cement Corp has recorded a 4.9 per cent increase in November 2019 revenue to TWD8bn (US$262.5m), compared with TWD7.626bn in the year-ago period. In the first 11 months of the year, revenue climbed 6.6 per cent YoY to TWD81.23bn from TWD76.2bn. |
Taiwanese producers record mixed results in October11 November 2019, Published under Cement NewsTaiwan’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, wh... |