Hsing Ta Cement Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022 at 05:38 pm
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Hsing Ta Cement Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 1,765.69 million compared to TWD 1,885.38 million a year ago. Net loss was TWD 21.61 million compared to net income of TWD 161.42 million a year ago. Basic loss per share from continuing operations was TWD 0.06 compared to basic earnings per share from continuing operations of TWD 0.47 a year ago. Diluted loss per share from continuing operations was TWD 0.06 compared to diluted earnings per share from continuing operations of TWD 0.47 a year ago.
For the six months, sales was TWD 3,004.88 million compared to TWD 3,697.73 million a year ago. Net income was TWD 66.9 million compared to TWD 445.83 million a year ago. Basic earnings per share from continuing operations was TWD 0.2 compared to TWD 1.3 a year ago. Diluted earnings per share from continuing operations was TWD 0.2 compared to TWD 1.3 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.