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News Taiheiyo Cement records profit drop in first quarter of 2021 financial year

Taiheiyo Cement records profit drop in first quarter of 2021 financial year

Written by Global Cement staff 12 August 2020
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Japan: Taiheiyo Cement recorded a net profit between 1 March 2020 and 30 June 2020, the first quarter of the 2021 financial year, of US$30.6m, down by 42% year-on-year from US$52.6m in the first quarter of the 2020 financial year. Sales fell by 3% to US$1.88bn from US$1.94bn. The company said that the coronavirus outbreak affected sales in all regions.

 

Published in Global Cement News
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  • Japan
  • Taiheiyo Cement
  • Results
  • GCW468
  • coronavirus
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