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Chairman of Asia Cement, Mr. Douglas Hsu has announced to its shareholders that, under the strategy of diversification of investment and profit, Asia Cement has earned a consolidated net profit after tax of NT$12.597 billion in 2022 and kept a record of earning annual profit of more than NT$10 billion for five consecutive years.
After its survival in the Xichuan earthquake, Asia Cement was a business miracle in China producing a win-win situation in environmental protection and economics. Asia Cement China has since its inception continually generated a competitive edge and maintains its goal to raise the performance standards in the cement industry in China.
In the 1960s, Founder Y.Z. Hsu realized the importance of the cement business in urbanlization of a country. He then founded ACC, supplying fundamental materials for all major constructions in Taiwan, to be instrumental in Taiwan's economic development. Many of Taiwan's landmarks and major constructions were grounded in ACC's effort, including the Grand Hotel, Taiwan's ten major construction projects, Taiwan High Speed Rail, Taipei and Kaohsiung Rapid Transit Systems...etc.
