幸福水泥股份有限公司(英)
:::
(II) Financial income and expense and profitability analysis:
Unit: NT$ million
Business Report
2023 annual business report
(I) Business performance:
1. Main production:
(I) Business performance:
1. Main production:
| Item | 2023 | 2022 | Increase (Decrease) | Growth % |
|
Cement and blast furnace slag (Unit: Thousand tonnes) |
772 | 692 | 80 | 11.56% |
|
Stone Materials (Unit: Thousand tonnes) |
2,488 | 2,109 | 379 | 17.97% |
Implementation status of the plan: The total production volume of cement and furnace slag was 772 thousand tonnes, the planned total production volume was 708 thousand tonnes and the achievement rate was 109%.
The total production volume of stones was 2,488 thousand tonnes, the planned total production volume was 2,457 thousand tonnes and the achievement rate was 101%.
2. Main sales:
The total production volume of stones was 2,488 thousand tonnes, the planned total production volume was 2,457 thousand tonnes and the achievement rate was 101%.
2. Main sales:
| Item | 2023 | 2022 | Increase (Decrease) | Growth % |
|
Cement and blast furnace slag (Unit: Thousand tonnes) |
742 | 685 | 57 | 8.32% |
|
Stone Materials (Unit: Thousand tonnes) |
1,250 | 1,063 | 187 | 17.59% |
|
Cement and blast furnace slag (Unit: NT$1,000) |
2,168,769 | 1,844,769 | 324,000 | 17.56% |
|
Stone Materials (Unit: NT$1,000) |
604,250 | 498,717 | 105,533 | 21.16% |
Implementation status of the plan: The total sales volume of cement and furnace slag was 742 thousand tonnes, the planned total production volume was 665 thousand tonnes and the achievement rate was 111%.
The total sales volume of stone materials was 1,250 thousand tonnes, the planned total production volume is 1,303 thousand tonnes and the achievement rate was 95.9%.
(II) Financial income and expense and profitability analysis:
Unit: NT$ million
| Item | 2023 | 2022 | Increase (Decrease) | Increase (Decrease)% |
| Operating revenue | 5,095 | 4,149 | 946 | 22.80% |
| Operating profit (loss) | 612 | 711 | (99) | (13.92%) |
| Pre-tax net profit (loss) | 660 | 688 | (28) | (4.07%) |
| Annual net profit (loss) | 527 | 581 | (54) | (9.29%) |
| Item | 2023 | 2022 | ||
| Standalone profit | Operating profit (loss) (%) | Proportion of Paid-in capital | 12.01 | 8.93 |
| Pre-tax net profit (loss) (%) | 15.20 | 16.31 | ||
| Net profit (loss) in % | 14.06 | 18.67 | ||
| Earnings per share (NT$) | 1.30 | 1.44 | ||
(III) Research and development
The Company is developing Portland limestone cement to achieve the national long-term GHG reduction goal. This gradual replacement of Portland Type I cement with limestone cement will reduce the carbon emissions generated during cement production.
(IV) Ancillary business
- Dai Shen Development Co., Ltd.
The land plot in the Daganlin area of Anle District in Keelung City which the Company invested in has undergone land preparation and development according to the original plan. The contract for the sales of land in the first phase has been signed, and the total amount of disposal was approximately NT$1.757 billion. The second-phase redevelopment zone is currently undergoing planning revision procedures.
The Company incurred a net loss of NTD 119.67 million in 2023.
The Company incurred a net loss of NTD 119.67 million in 2023.
- Luckicon Ready Mixed Concrete Factory Co., Ltd.
The Company is constructing the Shulin and Luzhu plants, which are expected to start operation in Q4 of 2024.
In 2023, the Company’s sales revenue was NTD 1.81155 billion, with a net profit of NTD 177.67 million.
In 2023, the Company’s sales revenue was NTD 1.81155 billion, with a net profit of NTD 177.67 million.
- Lucky Cement Corp., Japan
In 2023, the cement sales revenue was 7.47 million, with a net loss of NTD 9.23 million. The Company has decided in the Board of Directors meeting of 2024 to dispose of its assets and cease operations.
- Luckyship Marine Agency Co., Ltd.
The 2023 net loss was NTD 4.58 million
- Fu Yu Development Co., Ltd.
In 2023, the Company’s sales revenue was NTD 14.08 million, with a net profit of NTD 2.67 million.