Japan: Taiheiyo Cement’s consolidated sales declined by 18% in its 2022 financial year, which ended on 31 March 2022, to US$5.51bn from US$6.72bn. The group’s net profit was US$225m, down by 38% from US$364m.
Nikkei Financial Summary News has reported that Japanese cement consumption was 37.9Mt in the 2022 financial year, down by 2% year-on-year.
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