Taiwan: Taiwan Cement sales down 20.8% year-on-year in 2015

Taiwanese cement producer Taiwan Cement Corp saw its 2015 year-on-year sales fall 20.8% to TWD 93.68 billion (US$2.89 billion), while the company’s net income dropped by 46.7% to TWD 5.78 billion ($178.67 million). During October-December 2015, revenue and net income of the firm fell by 17% and 31.3% to TWD 24.6 billion ($760.45 million) and TWD 1.78 billion ($55.02 million) respectively, as compared to October-December 2014. In January-March 2016, the company's revenue stood at TWD 17.73 billion ($54
April 18, 2016 Read time: 1 min

Taiwanese cement producer Taiwan Cement Corp saw its 2015 year-on-year sales fall 20.8% to TWD 93.68 billion (US$2.89 billion), while the company’s net income dropped by 46.7% to TWD 5.78 billion ($178.67 million).

During October-December 2015, revenue and net income of the firm fell by 17% and 31.3% to TWD 24.6 billion ($760.45 million) and TWD 1.78 billion ($55.02 million) respectively, as compared to October-December 2014.

In January-March 2016, the company's revenue stood at TWD 17.73 billion ($548.08 million), decreasing by 17.3% year-on-year. The firm's shipments to China hiked by almost 18% to 10.8 million tonnes during the three-month period.

On 13 April 2016, the company said that it aims to see its business to improve in July-December 2016.

Quarry Products

Related Content

September 29, 2015

Marmomacc 2015 opens during promising growth period for Italian stone exports

The 50th edition of Marmomacc, the landmark international show for the natural stone industry, was getting underway today at Veronafiere in Verona, Italy with more than 1,500 companies taking part.

The Italian natural stone sector posted growth again in the first half of 2015, according to new figures analysed by the Marmomacc-Confindustria Marmomacchine Observatory. Between January and June, Italian exports of marble, granite and natural stone posted an increase of 5.2% compared to the same period in 20

July 31, 2015

Morocco: Cimar turnover up 7.6% in H1 2015

In the first half of 2015, turnover for the Moroccan cement group Ciments du Maroc (Cimar) was up 7.6%, compared with the same period in 2014, to MAD 1.93 billion (€178.90 million/US$196.39 million), despite a 1.3% decline in national consumption.

The performance is being attributed to good sales in the Doukkala-Abda region, which is currently carrying out the construction of the Safi-El Jadida motorway and Safi port.

Consolidated net profit was up 10% to MAD 501 million.

Gross operating income was

boombox1

Highlighted Content

boombox2