Asia Cement, Taiwan: lower revenue in Q1

Asia Cement posted a 15.8% on-year drop in its January-March 2015 revenue to CNY 1.35 billion (€194.71 million/US$217.10 million). Also, the Taiwan-based company reported a 99.97% decline in its profit to CNY 37,000 (€5,344.33/$5,959.07) during the quarter.
May 6, 2015 Read time: 1 min

6819 Asia Cement posted a 15.8% on-year drop in its January-March 2015 revenue to CNY 1.35 billion (€194.71 million/US$217.10 million).

Also, the Taiwan-based company reported a 99.97% decline in its profit to CNY 37,000 (€5,344.33/$5,959.07) during the quarter.

Quarry Products Auctions, Used Equipment, Rental & Finance

For more information on companies in this article

Related Content

November 3, 2015

Asia Cement 's net loss of CNY 264mn, January-September 2015

Asia Cement (China) Holdings Corporation reported that the company turned from a net profit of CNY 531 million (€76.36 million/US$84.07 million) during January-to-September 2014 to a net loss attributable to shareholders of CNY 264 million (€37.97 million/US$41.80 million) in the same period of 2015.

Net loss per share stood at CNY 0.168.

The loss resulted from the Renminbi devaluation and a decrease in the selling price of the company's products.

Gross profit was down by to CNY 611 million. Reven

boombox1

Highlighted Content

boombox2