Business Report - 【Lucky Cement Corporation】

&lt;meta charset=&quot;UTF-8&quot;&gt;&lt;meta name=&quot;viewport&quot; content=&quot;width=device-width, initial-scale=1.0&quot;&gt;&lt;title&gt;Business Performance Report - Bootstrap 5&lt;/title&gt;&lt;link href=&quot;https://cdn.jsdelivr.net/npm/bootstrap@5.3.0/dist/css/bootstrap.min.css&quot; rel=&quot;stylesheet&quot;&gt;&lt;div class=&quot;container-fluid px-0 d-flex title_bline w-fit justify-content-center px-4 my-4 align-items-sm-baseline align-items-center flex-column flex-sm-row shopping_area_title&quot;&gt;&lt;div id=&quot;iebad9&quot; class=&quot;fs-1 fw-bold text-center color_brown&quot;&gt;Business Report&lt;/div&gt;&lt;/div&gt;&lt;div custom_block_template=&quot;true&quot; block_id=&quot;customBlockTemplate_1&quot; id=&quot;in4v&quot; class=&quot;container&quot;&gt;&lt;div id=&quot;idg0uf&quot;&gt;2024 annual business report&lt;/div&gt;&lt;/div&gt;&lt;div id=&quot;ih5w&quot; class=&quot;container&quot;&gt;&lt;section class=&quot;mb-5&quot;&gt;&lt;h2 id=&quot;i4mxd&quot; class=&quot;section-title&quot;&gt;(I) Business performance:&lt;/h2&gt;&lt;div class=&quot;mb-4&quot;&gt;&lt;h4 class=&quot;fw-bold mb-3&quot;&gt;1. Main production:&lt;/h4&gt;&lt;div class=&quot;table-scroll-wrapper shadow-sm&quot;&gt;&lt;div class=&quot;div-table&quot;&gt;&lt;div class=&quot;div-table-row header&quot;&gt;&lt;div class=&quot;div-table-col col-item&quot;&gt;Item&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;2024&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;2023&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;Increase (Decrease)&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;Increase (Decrease)%&lt;/div&gt;&lt;/div&gt;&lt;div class=&quot;div-table-row&quot;&gt;&lt;div class=&quot;div-table-col col-item&quot;&gt;Cement and blast furnace slag (Unit: Thousand tons)&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;741&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;772&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end neutral-text&quot;&gt;(31)&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end neutral-text&quot;&gt;(4.02%)&lt;/div&gt;&lt;/div&gt;&lt;div class=&quot;div-table-row&quot;&gt;&lt;div class=&quot;div-table-col col-item&quot;&gt;Stone Materials (Unit: Thousand tons)&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;1,534&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;2,488&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end neutral-text&quot;&gt;(954)&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end neutral-text&quot;&gt;(38.34%)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class=&quot;scroll-hint d-md-none&quot;&gt;Please swipe left or right to view the table ← →&lt;/div&gt;&lt;div class=&quot;status-box shadow-sm&quot;&gt;&lt;p id=&quot;i5ve7&quot; class=&quot;fw-bold mb-1&quot;&gt;Implementation status of the plan:&lt;/p&gt;&lt;p id=&quot;ichi1&quot; class=&quot;mb-1&quot;&gt;The total production volume of cement and furnace slag was 741 thousand tons, the planned total production volume was 735 thousand tons and the achievement rate was 101%.&lt;/p&gt;&lt;p id=&quot;ikqvp&quot; class=&quot;mb-0&quot;&gt;The total production volume of stones was 1,534 thousand tons, the planned total production volume was 2,529 thousand tons and the achievement rate was 61%.&lt;/p&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class=&quot;mb-4&quot;&gt;&lt;h4 class=&quot;fw-bold mb-3&quot;&gt;2. Main sales:&lt;/h4&gt;&lt;div class=&quot;table-scroll-wrapper shadow-sm&quot;&gt;&lt;div class=&quot;div-table&quot;&gt;&lt;div class=&quot;div-table-row header&quot;&gt;&lt;div class=&quot;div-table-col col-item&quot;&gt;Item&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;2024&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;2023&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;Increase (Decrease)&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;Increase (Decrease)%&lt;/div&gt;&lt;/div&gt;&lt;div class=&quot;div-table-row&quot;&gt;&lt;div class=&quot;div-table-col col-item&quot;&gt;Cement and blast furnace slag (Unit: Thousand tons)&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;756&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;742&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;14&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;1.89%&lt;/div&gt;&lt;/div&gt;&lt;div class=&quot;div-table-row&quot;&gt;&lt;div class=&quot;div-table-col col-item&quot;&gt;Stone Materials (Unit: Thousand tons)&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;927&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;1,250&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end neutral-text&quot;&gt;(323)&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end neutral-text&quot;&gt;(25.84%)&lt;/div&gt;&lt;/div&gt;&lt;div class=&quot;div-table-row&quot;&gt;&lt;div class=&quot;div-table-col col-item&quot;&gt;Cement and blast furnace slag (Unit: NTD thousand)&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;2,213,696&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;2,168,769&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;44,927&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;2.07%&lt;/div&gt;&lt;/div&gt;&lt;div class=&quot;div-table-row&quot;&gt;&lt;div class=&quot;div-table-col col-item&quot;&gt;Stone Materials (Unit: NTD thousand)&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;432,583&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;604,250&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end neutral-text&quot;&gt;(171,667)&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end neutral-text&quot;&gt;(28.41%)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class=&quot;scroll-hint d-md-none&quot;&gt;Please swipe left or right to view the table ← →&lt;/div&gt;&lt;div class=&quot;status-box shadow-sm&quot;&gt;&lt;p class=&quot;fw-bold mb-1&quot;&gt;Implementation status of the plan:&lt;/p&gt;&lt;p class=&quot;mb-1&quot;&gt;The total sales volume of cement and furnace slag was 756 thousand tons, the planned total production volume was 847 thousand tons and the achievement rate was 89%.&lt;/p&gt;&lt;p class=&quot;mb-0&quot;&gt;The total sales volume of stone materials was 927 thousand tons, the planned total production volume is 1,435 thousand tons and the achievement rate was 65%.&lt;/p&gt;&lt;/div&gt;&lt;/div&gt;&lt;/section&gt;&lt;section class=&quot;mb-5&quot;&gt;&lt;h2 class=&quot;section-title&quot;&gt;(II) Financial income and expense and profitability analysis:&lt;/h2&gt;&lt;p class=&quot;text-muted fst-italic small&quot;&gt;Unit: NTD million&lt;/p&gt;&lt;div class=&quot;table-scroll-wrapper shadow-sm&quot;&gt;&lt;div class=&quot;div-table&quot;&gt;&lt;div class=&quot;div-table-row header&quot;&gt;&lt;div class=&quot;div-table-col col-item&quot;&gt;Item&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;2024&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;2023&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;Increase (Decrease)&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;Increase (Decrease)%&lt;/div&gt;&lt;/div&gt;&lt;div class=&quot;div-table-row&quot;&gt;&lt;div class=&quot;div-table-col col-item&quot;&gt;Operating revenue&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;4,867&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;5,095&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end neutral-text&quot;&gt;(228)&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end neutral-text&quot;&gt;(4.47%)&lt;/div&gt;&lt;/div&gt;&lt;div class=&quot;div-table-row&quot;&gt;&lt;div class=&quot;div-table-col col-item&quot;&gt;Operating profit (loss)&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;639&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;612&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;27&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;4.41%&lt;/div&gt;&lt;/div&gt;&lt;div class=&quot;div-table-row&quot;&gt;&lt;div class=&quot;div-table-col col-item&quot;&gt;Pre-tax net profit (loss)&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;607&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;660&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end neutral-text&quot;&gt;(53)&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end neutral-text&quot;&gt;(8.03%)&lt;/div&gt;&lt;/div&gt;&lt;div class=&quot;div-table-row&quot;&gt;&lt;div class=&quot;div-table-col col-item&quot;&gt;Annual net profit (loss)&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;494&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;527&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end neutral-text&quot;&gt;(33)&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end neutral-text&quot;&gt;(6.26%)&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class=&quot;scroll-hint d-md-none&quot;&gt;Please swipe left or right to view the table ← →&lt;/div&gt;&lt;div class=&quot;table-scroll-wrapper shadow-sm&quot;&gt;&lt;div class=&quot;div-table&quot;&gt;&lt;div class=&quot;div-table-row header&quot;&gt;&lt;div class=&quot;div-table-col col-item&quot;&gt;Item&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;2024&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;2023&lt;/div&gt;&lt;/div&gt;&lt;div class=&quot;div-table-row bg-light fw-bold small text-uppercase&quot;&gt;&lt;div class=&quot;div-table-col col-item&quot;&gt;Standalone profit&lt;/div&gt;&lt;div class=&quot;div-table-col col-data&quot;&gt;&lt;/div&gt;&lt;div class=&quot;div-table-col col-data&quot;&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class=&quot;div-table-row&quot;&gt;&lt;div class=&quot;div-table-col col-item&quot; id=&quot;iu6r5k&quot;&gt;Operating profit (loss) (%)&#160; &#160; Proportion of Paid-in capital&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;11.88&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;12.01&lt;/div&gt;&lt;/div&gt;&lt;div class=&quot;div-table-row&quot;&gt;&lt;div class=&quot;div-table-col col-item&quot; id=&quot;iy0t7l&quot;&gt;Pre-tax net profit (loss) (%)&#160; &#160;Proportion of Paid-in capital&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;14.07&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;15.20&lt;/div&gt;&lt;/div&gt;&lt;div class=&quot;div-table-row&quot;&gt;&lt;div class=&quot;div-table-col col-item&quot;&gt;Net profit (loss) in %&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;13.81&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;14.06&lt;/div&gt;&lt;/div&gt;&lt;div class=&quot;div-table-row&quot;&gt;&lt;div class=&quot;div-table-col col-item&quot;&gt;Earnings per share (NTD)&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;1.22&lt;/div&gt;&lt;div class=&quot;div-table-col col-data justify-content-end&quot;&gt;1.30&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class=&quot;scroll-hint d-md-none&quot;&gt;Please swipe left or right to view the table ← →&lt;/div&gt;&lt;/section&gt;&lt;section class=&quot;mb-5&quot;&gt;&lt;h2 class=&quot;section-title&quot;&gt;(III) Research and development&lt;/h2&gt;&lt;div class=&quot;card card-body shadow-sm border-0&quot;&gt;&lt;p id=&quot;i23h4o&quot; class=&quot;mb-0 text-secondary&quot;&gt;In response to the government&#39;s 2050 Net Emission Policy, and the self-determined reduction plan proposed by the Ministry of Environment, the Company actively invests in the promotion of low-carbon products and process improvement. Currently, the development of Portland cement has been completed, and the quality and specifications have been reviewed, and the test production certification and ISO audit have been passed. The application for relevant government permits is being processed. At the same time, the R&amp;D of carbon reduction cement and Portland high-frequency furnace cement is being processed, and the progressive replacement of Portland Type I cement is being planned to reduce the carbon emissions during the production process. In addition, to strengthen the capability of low-carbon manufacturing process, the Company also develops the modification engineering design of the cement grinding and coal grinding system, to improve the grinding and combustion efficiency, and steadily promote the low-carbon transformation of the cement industry.&lt;/p&gt;&lt;/div&gt;&lt;/section&gt;&lt;section&gt;&lt;h2 class=&quot;section-title&quot;&gt;(IV) Ancillary business&lt;/h2&gt;&lt;div class=&quot;row g-4&quot;&gt;&lt;div class=&quot;col-12 col-md-6&quot;&gt;&lt;div class=&quot;card h-100 shadow-sm border-0&quot;&gt;&lt;div class=&quot;card-body&quot;&gt;&lt;h5 class=&quot;card-title fw-bold text-dark&quot;&gt;Dai Shen Development Co., Ltd.&lt;/h5&gt;&lt;p class=&quot;card-text small text-muted&quot;&gt;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.&lt;/p&gt;&lt;p class=&quot;card-text neutral-text small&quot;&gt;Net loss of the company in 2024 was NTD 45,240,000.&lt;/p&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class=&quot;col-12 col-md-6&quot;&gt;&lt;div class=&quot;card h-100 shadow-sm border-0&quot;&gt;&lt;div class=&quot;card-body&quot;&gt;&lt;h5 class=&quot;card-title fw-bold text-dark&quot;&gt;Luckicon Ready Mixed Concrete Factory Co., Ltd.&lt;/h5&gt;&lt;p class=&quot;card-text small text-muted&quot;&gt;The Company is constructing the Shulin and Luzhu plants, which are expected to start operation in the second half of 2025.&lt;/p&gt;&lt;p class=&quot;card-text neutral-text small fw-bold&quot;&gt;Sales revenue in 2024 was NTD 1,655,510,000, and the net profit was NTD 146,040,000.&lt;/p&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class=&quot;col-12 col-md-6&quot;&gt;&lt;div class=&quot;card h-100 shadow-sm border-0&quot;&gt;&lt;div class=&quot;card-body&quot;&gt;&lt;h5 class=&quot;card-title fw-bold text-dark&quot;&gt;Lucky Cement Corp., Japan&lt;/h5&gt;&lt;p class=&quot;card-text small text-muted&quot;&gt;The Company has decided in the Board of Directors meeting of 2024 to dispose of its assets and cease operations.&lt;/p&gt;&lt;p class=&quot;card-text neutral-text small&quot;&gt;Net loss in 2024 was NTD 12,640,000.&lt;/p&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class=&quot;col-12 col-md-6&quot;&gt;&lt;div class=&quot;card h-100 shadow-sm border-0&quot;&gt;&lt;div class=&quot;card-body&quot;&gt;&lt;h5 class=&quot;card-title fw-bold text-dark&quot;&gt;Luckyship Marine Agency Co., Ltd.&lt;/h5&gt;&lt;p class=&quot;card-text neutral-text small mt-2&quot;&gt;Net loss in 2024 was NTD 1,830,000.&lt;/p&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;div class=&quot;col-12 col-md-6&quot;&gt;&lt;div class=&quot;card h-100 shadow-sm border-0&quot;&gt;&lt;div class=&quot;card-body&quot;&gt;&lt;h5 class=&quot;card-title fw-bold text-dark&quot;&gt;Fu Yu Development Co., Ltd.&lt;/h5&gt;&lt;p class=&quot;card-text neutral-text small mt-2 fw-bold&quot;&gt;Sales revenue in 2024 was NTD 73,950,000, and the net profit was NTD 810,000.&lt;/p&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/div&gt;&lt;/section&gt;&lt;/div&gt;