Century Iron and Steel Industrial Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 06:34 am
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Century Iron and Steel Industrial Co.,Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 2,037.860 million compared to TWD 566.432 million a year ago. Operating income was TWD 525.863 million compared to operating loss of TWD 85.253 million a year ago. Net income was TWD 285.666 million compared to TWD 584.969 million a year ago. Basic earnings per share was TWD 1.35 compared to TWD 2.79 a year ago. Diluted earnings per share was TWD 1.27 compared to TWD 2.68 a year ago. For the nine months, sales was TWD 4,524.427 million compared to TWD 1,427.297 million a year ago. Operating income was TWD 1,001.167 million compared to operating loss of TWD 30.932 million a year ago. Net income was TWD 618.061 million compared to TWD 608.251 million a year ago. Basic earnings per share was TWD 2.94 compared to TWD 2.91 a year ago. Diluted earnings per share was TWD 2.82 compared to TWD 2.8 a year ago.
CENTURY IRON AND STEEL INDUSTRIAL CO., LTD. is a Taiwan-based company principally engaged in the processing, manufacture, installation and distribution of steel structures and architectural components. The Company is involved in the manufacture of steel structures for building construction; construction of industrial plans and warehouses, large shopping malls, gymnasiums and parking lots; as well as the manufacture of structural bridges and incinerators, equipment type steel structures and various welded steels. The Company operates its businesses mainly in Taiwan.