Cross-Strait Cement Volume and Price Fluctuations Lead to Decline in Yali's July Revenue

Yali (1102-TW) announced today (10th) its July revenue reached NT$5.398 billion, representing an 8.3% decrease from the previous month and a 7.5% decline year-on-year. Cumulative revenue for the first seven months totaled NT$38.104 billion, down 7.3% compared to the same period last year. The company's core operations continue to be impacted by demand and price fluctuations in both the Taiwan and mainland Chinese cement markets. However, overall operations remain stable, supported by diversified business initiatives and contributions from non-operating investments.

Regarding July's revenue performance, the Taiwan market saw a year-on-year decline, primarily due to reduced sales volumes of cement, ready-mix concrete, and stainless steel. In the mainland China market, revenue decreased by 1% year-on-year. Although sales volume declined, improved cement pricing and the contribution from cement trading activities have helped maintain stable operations.

For the cumulative January-to-July period, Yali explained that the Taiwan market experienced a 7% revenue drop, driven by lower sales volumes of cement and ready-mix concrete, as well as reduced sales volume and prices from Yuanlong Stainless Steel. The mainland market recorded an 8% year-on-year revenue decline, mainly due to lower cement prices and volumes. However, the newly introduced cement trading business has been contributing positively to revenue growth.

Yali stated it will continue monitoring demand and price trends in both markets. The company is actively promoting high-value-added building materials such as low-carbon cement and LoopCon Ganggu low-carbon concrete, deepening its positioning in low-carbon construction materials to enhance overall competitiveness.