Date
20 September 2017

TCC Intl 2013 profit surges 190% to new high, filing says

TCC International Holdings Ltd. (01136.HK), a unit of Taiwan Cement Corp., reported on Wednesday a record net profit of HK$1.67 billion (US$215.18 million) for 2013, as the earnings surged 190 percent from the previous year. Revenue rose 14.7 percent to HK$12.97 billion, also a record, according to a regulatory filing. The earnings per share stood at HK$43.5. The company attributed the good performance to higher product prices and improved sales volume — which were up 3.2 percent and 11.2 percent on year respectively. TCC International expects the business momentum to continue this year.

– Contact HKEJ at [email protected]

TL/AC/RC

 

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