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Trades about 42% below its sector, cheaper than its peers on earnings.
Established in 1957 with its main office in Taipei, Taiwan, Asia Cement Corporation specializes in the production and supply of cement, clinker, a variety of cement-related materials, and ready-mix concrete. Its core product line features Portland cement, in addition to granulated blast-furnace slag, gypsum, and silica sand. The company's diverse offerings are distributed across China, Taiwan, and various international markets. Beyond its foundational cement activities, Asia Cement Corporation maintains a broad array of business interests. These include marine transportation, investment management, general transportation and logistics, engineering services, textile manufacturing, cement warehousing, stainless steel production, tunnel lining, and mineral extraction and processing. Furthermore, the corporation operates a power plant and engages in leasing ventures.
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