Asia Cement Corporation holds its 2025 shareholders' meeting

        Asia Cement Corporation held its shareholders' meeting on May 28th, demonstrating its business resilience and industrial strength despite global economic fluctuations and pressure from the cross-strait cement market. In 2024, the consolidated net profit after tax reached NTD 12.9 billion, with an after tax earnings per share (EPS) of NTD 3.86. During the meeting, a cash dividend of NTD 2.2 was distributed per share, resulting in a cash yield of 5.2%, which is higher than the average level of Taiwanese stocks, fulfilling the commitment of stable feedback to shareholders.

        Since its listing in 1962, Asia Cement Corporation has been profitable for 63 consecutive years, distributed dividends for 40 consecutive years, and since 2018, has set a record of breaking a net profit of over 10 billion yuan after tax every year. K. Y. Lee President stated that Asia Cement Corporation is deeply rooted in its core business, expanding new drivers, diversifying risks through diversification strategies, strengthening profit structures, and maintaining long-term competitiveness. K. Y. Lee President also emphasized that Asia Cement Corporation is a company with a strong foundation, broad vision, and clear direction, and is definitely a solid partner worthy of long-term trust and trust from shareholders.

        Asia Cement Corporation vertically integrates the upstream, midstream, and downstream construction markets, expanding the overall market industry chain from cement, ready mixed concrete, pre casting to construction engineering, and further introducing AI into operational management, workplace safety, and sustainable governance. Through digital transformation, it enhances decision-making efficiency and industrial effectiveness, and constructs a new stage of advantages.

        In terms of diversified operations, Asia Cement Corporation actively ventures into industries such as electricity, steel, and transportation, while also investing in Far Eastern New Century Corporation, U-Ming Marine Transport, and other companies to deepen its global market presence. In 2024, the proportion of operating net profit from non cement businesses and reinvestments has reached 49.48%, indicating the maturity of diversified profit models and becoming an important driving force for enterprise growth.

        Asia Cement Corporation is committed to promoting transformation. In addition to issuing its first TNFD report and outlining a sustainable blueprint for coexistence with nature, it also responds to global climate action through its commitment to the SBTi (International Science Foundation Targets Initiative) 2030 1.5 ° C carbon reduction target. In addition, Asia Cement Corporation has taken the lead in completing the full product transparent carbon record, and its masonry cement carbon label is the lowest in the industry. The above achievements not only made it to the United Nations COP29 Climate Summit, but also have been selected for two consecutive years in the S&P Global Sustainability Yearbook, ranking in the top 10% of the global building materials industry and entering the leading international sustainability ranks.

        Looking ahead to the future, Asia Cement Corporation will continue to adhere to the key strategy of "cultivating the industry, developing from multiple angles, and moving towards sustainability", balancing stable returns and long-term value, and building a highly risk resistant and internationally competitive corporate structure. Through actions, Asia Cement Corporation has proven to be a highly promising investment choice in the capital market.

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