Reported about 1 year ago
Taiwan Cement (1101) announced a revenue of 13.86 billion in May 2024, marking a historic single-month high with a 44.44% year-on-year increase and a 19.21% monthly increase. The accumulated revenue from January to May 2024 also grew by 13.57% to reach 51.172 billion. Factors contributing to this growth include the consolidation of holdings in Turkey and Portugal cement plants, expanding revenue contributions from new energy businesses like green energy, energy storage, and power trading, as well as the company's international layout in regions like Europe, Asia, and Africa for low-carbon cement markets.
Source: YAHOO