Taiheiyo Cement Corporation ( (THYCF) ) has released its Q1 earnings. Here is a breakdown of the information Taiheiyo Cement Corporation presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Taiheiyo Cement Corporation is a leading company in the cement industry, primarily engaged in the production and sale of cement, mineral resources, and construction materials, with operations extending to environmental and other business sectors.
In its latest earnings report for the three months ended June 30, 2025, Taiheiyo Cement Corporation reported a slight increase in net sales but faced declines in operating and ordinary profits compared to the previous year. The company’s profit attributable to owners of the parent also saw a significant decrease.
Key financial metrics for the period include net sales of ¥211,191 million, a 1.1% increase year-on-year, while operating profit decreased by 8.9% to ¥10,061 million. Ordinary profit fell by 15% to ¥9,994 million, and profit attributable to owners of the parent dropped by 49.6% to ¥6,822 million. The company’s cement business faced challenges such as decreased domestic demand and increased costs, while the mineral resources and environmental businesses showed some growth.
Despite the mixed performance, Taiheiyo Cement Corporation maintains its financial results forecast for the fiscal year ending March 31, 2026, expecting a 6% increase in net sales and a 9.3% rise in operating profit for the full year. The company remains focused on navigating market challenges and leveraging opportunities in its various business segments.