Taiheiyo Cement records profit drop in first quarter of 2021 financial year

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Japan: Taiheiyo Cement recorded a net profit between 1 March 2020 and 30 June 2020, the first quarter of the 2021 financial year, of US$30.6m, down by 42% year-on-year from US$52.6m in the first quarter of the 2020 financial year. Sales fell by 3% to US$1.88bn from US$1.94bn. The company said that the coronavirus outbreak affected sales in all regions.

 

URL: https://www.globalcement.com/news/item/11209-taiheiyo-cement-records-profit-drop-in-first-quarter-of-2021-financial-year

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