Hsing Ta Cement Co.,Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 02:59 am
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Hsing Ta Cement Co.,Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 1,696.46 million compared to TWD 1,765.69 million a year ago. Net income was TWD 204.83 million compared to net loss of TWD 21.61 million a year ago. Basic earnings per share from continuing operations was TWD 0.6 compared to basic loss per share from continuing operations of TWD 0.06 a year ago. Diluted earnings per share from continuing operations was TWD 0.6 compared to diluted loss per share from continuing operations of TWD 0.06 a year ago.
For the six months, sales was TWD 3,030.61 million compared to TWD 3,004.88 million a year ago. Net income was TWD 346.53 million compared to TWD 66.9 million a year ago. Basic earnings per share from continuing operations was TWD 1.02 compared to TWD 0.2 a year ago. Diluted earnings per share from continuing operations was TWD 1.01 compared to TWD 0.2 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.