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News Taiwan Cement’s profit rises as revenue falls

Taiwan Cement’s profit rises as revenue falls

Written by Global Cement staff 20 November 2020
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Taiwan: Taiwan Cement’s revenue came to US$2.88bn in the first nine months of 2020, a year-on-year decrease of 6%. However, its operating income was US$800m, a 9% year-on-year increase compared to the first nine months of 2019. Its net income was US$640m, 4% higher than a year earlier.

“The fourth quarter is the traditional peak season for the cement market and we remain optimistic about our performance,” said Edward Huang, Senior Vice President and Spokesperson of Taiwan Cement.

Last modified on 25 November 2020
Published in Global Cement News
Tagged under
  • Taiwan Cement Corporation
  • Results
  • revenue
  • Profit
  • GCW483

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