Hsing Ta Cement Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 10, 2021
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Hsing Ta Cement Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 1,460.38 million compared to TWD 1,957.48 million a year ago. Net income was TWD 105.19 million compared to TWD 271.8 million a year ago. Basic earnings per share from continuing operations was TWD 0.31 compared to TWD 0.79 a year ago. Diluted earnings per share from continuing operations was TWD 0.31 compared to TWD 0.79 a year ago.
For the nine months, sales was TWD 5,158.11 million compared to TWD 5,213.43 million a year ago. Net income was TWD 551.02 million compared to TWD 588.67 million a year ago. Basic earnings per share from continuing operations was TWD 1.61 compared to TWD 1.72 a year ago. Diluted earnings per share from continuing operations was TWD 1.61 compared to TWD 1.72 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.