Taiheiyo Cement’s annual sales rise by 5% to US$8.36bn

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Japan: Taiheiyo Cement’s sales rose by 5% year-on-year to US$8.36bn in the year to 31 March 2019 from US$7.95bn in the same period in 2018. Its net income grew by 12.8% to US$397m from US$352m. The group’s cement sales volumes rose by 3.5% to 15.4Mt. However, its exports fell by 18% to 3.5Mt. It noted that infrastructure projects for high-speed railway and the Tokyo Olympics had driven local demand for cement.

Last modified on 15 May 2019

URL: https://www.globalcement.com/news/item/9266-taiheiyo-cement-s-annual-sales-rise-by-5-to-us-8-36bn

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