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BackBenefiting from Taiwan's large-scale technological factory construction, domestic building materials' profits remain high in the first three quarters
Benefiting from Taiwan's large-scale technological factory construction, domestic building materials' profits remain high in the first three quarters
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自由时报17 minutes agoBusiness1 min readChinaView original

Benefiting from Taiwan's large-scale technological factory construction, domestic building materials' profits remain high in the first three quarters

The domestic building materials industry announced its third-quarter financial report and October revenue. Benefiting from the trend of large-scale technological plant construction in Taiwan, EPS for the first three quarters was 2.24 yuan.

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  • The domestic building materials industry announced its third-quarter financial report and October revenue.
  • Benefiting from the trend of large-scale technology factory construction in Taiwan, the third-quarter net profit was 905 million yuan, and EPS was 0.77 yuan.
  • The cumulative EPS for the first three quarters reached 2.24 yuan, and profits remained high.

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Why It Matters

The domestic building materials industry released its latest financial report, benefiting from the trend of technological plant construction in Taiwan.

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Domestic profits remained high in the first three quarters. (Provided in China)

[Reporter Chen Yongji/Taipei Report] Domestic Building Materials Industry (2504) announced its third quarter financial report and October revenue today (10). Benefiting from the trend of large-scale technology plant construction in Taiwan, Domestic’s net profit attributable to the parent company in the third quarter was 905 million yuan, and the after-tax earnings per share (EPS) was 0.77 yuan, which was the same as the second quarter. It declined slightly from the same period last year, showing a high-end flat trend. Domestic revenue in October was 1.78 billion yuan, a monthly decrease of 5.3% and an annual increase of 0.46%.

The cumulative group revenue for the first three quarters was 15.525 billion yuan, the net profit attributable to the parent company was 2.638 billion yuan, an annual decrease of 8.6%, and the EPS was 2.24 yuan.

Domestic Building Materials Industry stated that the company continues to move towards a high-quality low-carbon all-building materials group. In response to Taiwan's large-scale technological plant construction, as well as industrial trends such as low-carbon sustainability and building structure upgrades, it adopts advantageous layout and selective shipment strategies to enhance product value and profitability.

In recent years, Domestic has proposed a low-carbon high-end concrete product strategy of "fine sand and gravel, fine powder" based on low-carbon traceability management. It has actively developed niche products such as high elastic modulus concrete, and has a lineup of 67 low-carbon high-end concrete products that have been certified at home and abroad. By selecting the best products for shipment, we have successfully obtained high-tech factory construction, index construction projects and major construction applications, which has also allowed domestic building materials groups to continue to maintain high profits.

Open Questions

  • Can revenue continue to grow in the fourth quarter in the future?

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This article was originally published by 自由时报.

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