Cement News tagged under: Taiwan

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Universal Cement sees 3Q profits surge

15 November 2022, Published under Cement News

Taiwan-based Universal Cement Corp reported a 22.7 per cent YoY increase in revenue to TWD1783.1m (US$57.6m) in the third quarter of 2022 from TWD1453.2m in the same period a year earlier. Pretax profit advanced by 158 per cent from TWD240.1m in the 3Q21 to TWD618.7m in the 3Q22 while net profit surged 193.8 per cent YoY from TWD194m to TWD570m.

Cement carrier sinks off the coast of Taiwan

02 November 2022, Published under Cement News

A search for 12 missing crew members continues off the coast of Taiwan after their cement carrier sank. The 10,000dwt Xing Shun No 1, built in 2014, sank on Monday, 31 October, on the east side of the Changhua channel in the Taiwan Strait. The Panama-flagged ship had 17 seafarers on board. Five seafarers who abandoned the vessel were successfully rescued, and the remaining 12 were still alive at that point, having made it to the lifeboats. Taiwanese authorities said two empty lifeboa...

Chia Hsin reports 10% increase in August sales

14 September 2022, Published under Cement News

Chia Hsin Cement posted revenues of TWD182.371m (US$5.9m) in August 2022, up 9.8 per cent from TWD166.022m in August 2021. In the January-August 2022 period, Chia Hsin’s sales slipped by 4.5 per cent to TWD1388.559m from TWD1453.918m in 8M21.

Taiwan Cement posts 19% increase in 8M revenues

13 September 2022, Published under Cement News

Taiwan Cement saw a 19.2 per cent advance in revenues to TWD10,689.86m (US$345.9m) in August 2022 from TWD8966.476m in August 2021. In the first eight months of 2022 total revenue edged up 2.5 per cent to TWD68,937.1m from TWD67,307.8m in the 8M21.

Asia Cement posts TWD59bn revenue in 8M22

09 September 2022, Published under Cement News

Taiwan-based Asia Cement Corp reported a 1.7 per cent drop in revenues to TWD7.069bn (US$228.5m) in August 2022 when compared with the TWD7.193bn posted in August 2021. In the first eight months of 2022 revenues saw a 8.1 per cent YoY advance from TWD54.657bn to TWD59.103bn.

Asia Cement reports TWD4458m net profit in 2Q22

15 August 2022, Published under Cement News

Taiwan’s Asia Cement Corp posted revenues of TWD24,488m (US$816.3m) in the second quarter of 2022, up 9.2 per cent when compared with the 2Q21.  Pretax profit came in at TWD5620m in the period under review, down 17.4 per cent from TWD6805m in the year-ago period. The company also saw a net profit of TWD4458m in the 2Q22, representing a 1.3 per cent decrease when compared with the 2Q21, when net profit reached TWD4515m.

Taiwan Cement reports 21% hike in July revenue

11 August 2022, Published under Cement News

Taiwan Cement has posted a revenue of TWD10,102.468m (US$336.3m) in July 2022, ,up 21.4 per cent when compared with TWD8,319.972m, , according to a filing on the Taiwan Stock Exchange. In the first seven months of 2022, revenues slipped 0.2 per cent to TWD58,247.2m from TWD58,343.336m in the 7M21.

Hsing Ta Cement posts 13% increase in July revenue

10 August 2022, Published under Cement News

Taiwan-based Hsing Ta Cement Co Ltd reported a 13.3 per cent advance in revenue to TWD557.403m (US$18.5m) in July 2022 from TWD492.134m in July 2021, according to a filing on the Taiwan Stock Exchange. The company’s revenue in the January-July 2022 period decreased 15 per cent to TWD3562.279m from TWD4189.866m.

TCC introduces World's first UHPC cabinet energy storage system

22 July 2022, Published under Cement News

Taiwan Cement Corp (TCC) joined 7-11 to unveil its 10,000th store in Asia and introduced the “New Energy Convenience Store”. TCC combines the company’s strength in green energy, energy storage, battery and cement to build an energy storage system (ESS) to provide stable electricity and reduce carbon emissions.     7-11’s 10,000th store in Asia is Taiwan’s first convenience store to install an uninterruptible power supply (UPS) system with green energy and ESS. It is also the first in...

Taiwan Cement and Chia Hsin see June revenue increase

13 July 2022, Published under Cement News

Taiwan Cement Corp reported a 7.8 per cent increase in revenue to TWD9145.989m (US$306.5m) in June 2022 from TWD8480.821m in June 2021. However, in the first half of 2022 the company’s revenue slipped 3.8 per cent to TWD48,144.732m from TWD50,023.365m. Chia Hsin Cement’ s revenue increased 8.5 per cent to TWD183.177m in June 2022 from TWD168.756m in June 2021. In the first six months of 2022 Chia Hsin’s revenue slipped from 1094.913m in the 6M21 to TWD1027.363m.