jump to main area
Quality Assurance: Control defect rates, implement and maint (current)
Quality Policy: Attentive Service — resolve complaints. (current)
Exercise 30 min daily. My Plate 6: more veg, less sugar. (current)
:::
Business Report
2024 annual business report

(I) Business performance:

1. Main production:

Item
2024
2023
Increase (Decrease)
Increase (Decrease)%
Cement and blast furnace slag (Unit: Thousand tons)
741
772
(31)
(4.02%)
Stone Materials (Unit: Thousand tons)
1,534
2,488
(954)
(38.34%)
Please swipe left or right to view the table ← →

Implementation status of the plan:

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%.

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%.

2. Main sales:

Item
2024
2023
Increase (Decrease)
Increase (Decrease)%
Cement and blast furnace slag (Unit: Thousand tons)
756
742
14
1.89%
Stone Materials (Unit: Thousand tons)
927
1,250
(323)
(25.84%)
Cement and blast furnace slag (Unit: NTD thousand)
2,213,696
2,168,769
44,927
2.07%
Stone Materials (Unit: NTD thousand)
432,583
604,250
(171,667)
(28.41%)
Please swipe left or right to view the table ← →

Implementation status of the plan:

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%.

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%.

(II) Financial income and expense and profitability analysis:

Unit: NTD million

Item
2024
2023
Increase (Decrease)
Increase (Decrease)%
Operating revenue
4,867
5,095
(228)
(4.47%)
Operating profit (loss)
639
612
27
4.41%
Pre-tax net profit (loss)
607
660
(53)
(8.03%)
Annual net profit (loss)
494
527
(33)
(6.26%)
Please swipe left or right to view the table ← →
Item
2024
2023
Standalone profit
Operating profit (loss) (%)    Proportion of Paid-in capital
11.88
12.01
Pre-tax net profit (loss) (%)   Proportion of Paid-in capital
14.07
15.20
Net profit (loss) in %
13.81
14.06
Earnings per share (NTD)
1.22
1.30
Please swipe left or right to view the table ← →

(III) Research and development

In response to the government'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&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.

(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.

Net loss of the company in 2024 was NTD 45,240,000.

Luckicon Ready Mixed Concrete Factory Co., Ltd.

The Company is constructing the Shulin and Luzhu plants, which are expected to start operation in the second half of 2025.

Sales revenue in 2024 was NTD 1,655,510,000, and the net profit was NTD 146,040,000.

Lucky Cement Corp., Japan

The Company has decided in the Board of Directors meeting of 2024 to dispose of its assets and cease operations.

Net loss in 2024 was NTD 12,640,000.

Luckyship Marine Agency Co., Ltd.

Net loss in 2024 was NTD 1,830,000.

Fu Yu Development Co., Ltd.

Sales revenue in 2024 was NTD 73,950,000, and the net profit was NTD 810,000.