TCC Group Holdings stock shifts toward Europe as earnings improve

TCC Group Holdings (ISIN TW0001101004) generated TWD 38.12 billion in second-quarter revenue and TWD 2.56 billion in net income for the period ended June 30, 2026. The figures put earnings ahead of sales growth as the cement producer increases its exposure to Turkey, Portugal and wider European markets.

Europe now supplies 44 percent

According to People News on September 5, 2026, TCC reported first-half revenue of TWD 71.3 billion, up 1.4 percent from the prior-year period, while gross margin reached 18.2 percent and operating margin rose to 7.3 percent from 4.9 percent.

The geographic mix is the sharper change. Turkey and Portugal accounted for 44 percent of first-half revenue, compared with 38 percent for Taiwan and China combined; in the second quarter, the split widened to 46 percent versus 37 percent. That comparison shows why TCC's earnings recovery is running faster than its top line.

Profit growth outpaces revenue

First-half net income increased 241 percent to TWD 3.28 billion, according to People News, while second-quarter revenue grew 7.8 percent to TWD 38.1 billion. The operating improvement reflects stronger overseas cement operations and the return of contribution from the Heping power business, although the China market remains exposed to excess supply and limited pricing power.

TCC is also extending its European platform. MarketScreener reported on September 23, 2026, that TCC's European unit planned to acquire a Ukrainian cement maker, while the company also seeks to use Portugal as a supply base for the United Kingdom and France. The strategy links geographic expansion with demand for lower-carbon building materials.

Stock trades near yearly high

TCC Group Holdings was trading at TWD 26.45 on the Taiwan Stock Exchange on September 30, 2026 at 12:13 p.m. TST. Its market capitalization was TWD 198.2 billion, while the 52-week range stood at TWD 20.25 to TWD 26.95, leaving the quote TWD 0.50 below the yearly high.

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