Hsing Ta Cement Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 11, 2022
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Hsing Ta Cement Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 1,239.18 million compared to TWD 1,812.35 million a year ago. Net income was TWD 88.51 million compared to TWD 284.42 million a year ago. Basic earnings per share from continuing operations was TWD 0.26 compared to TWD 0.83 a year ago. Diluted earnings per share from continuing operations was TWD 0.26 compared to TWD 0.83 a year ago.
HSING TA CEMENT COMPANY LIMITED is a Taiwan-based company principally engaged in the manufacture and sales of cement and clinker. The products of the Company include Portland cement type I, Portland low alkali cement type I, Portland low alkali cement type II, blended hydraulic cement, limestone and concrete, among others. Its products are applied in the construction of buildings, roads, pipelines, bridges, water dams, ports and concrete engineering, among others. The Company mainly operates businesses in Taiwan and Mainland China.