Chia Yi Steel Co.,Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2018
October 14, 2018
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Chia Yi Steel Co.,Ltd announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced total revenue was TWD 354.212 million compared to TWD 335.442 million a year ago. Sales was TWD 362.094 million compared to TWD 346.604 million a year ago. Negative sales was TWD 7.882 million compared to TWD 11.162 million a year ago. Operating income was TWD 27.064 million compared to TWD 11.548 million a year ago. Net income was TWD 20.040 million compared to TWD 4.733 million a year ago. Basic earnings per share was TWD 0.44 compared to TWD 0.13 a year ago.
For the nine months, total revenue was TWD 1,070.828 million compared to TWD 884.685 million a year ago. Sales was TWD 1,094.533 million compared to TWD 918.821 million a year ago. Negative sales was TWD 23.705 million compared to TWD 34.136 million a year ago. Operating income was TWD 51.455 million compared to operating loss of TWD 44.307 million a year ago. Net income was TWD 46.240 million compared to net loss of TWD 51.814 million a year ago. Basic earnings per share was TWD 1.03 compared to basic loss per share of TWD 1.41 a year ago. Diluted earnings per share was TWD 1.02 compared to diluted loss per share of TWD 1.41 a year ago.
Sales was TWD 362.094 million compared to TWD 346.604 million a year ago. Negative sales was TWD 7.882 million compared to TWD 11.162 million a year ago. Total revenue was TWD 354.212 million compared to TWD 335.442 million a year ago. Operating income was TWD 27.064 million compared to TWD 11.548 million a year ago. Net income was TWD 20.040 million compared to TWD 4.733 million a year ago. Basic earnings per share was TWD 0.44 compared to TWD 0.13 a year ago.
Sales was TWD 1,094.533 million compared to TWD 918.821 million a year ago. Negative sales was TWD 23.705 million compared to TWD 34.136 million a year ago. Total revenue was TWD 1,070.828 million compared to TWD 884.685 million a year ago. Operating income was TWD 51.455 million compared to operating loss of TWD 44.307 million a year ago. Net income was TWD 46.240 million compared to net loss of TWD 51.814 million a year ago. Basic earnings per share was TWD 1.03 compared to basic loss per share of TWD 1.41 a year ago. Diluted earnings per share was TWD 1.02 compared to diluted loss per share of TWD 1.41 a year ago.
CHIA YI STEEL CO., LTD. is principally engaged in the forging, processing and distribution of casting iron products. The Company primarily involves in the manufacture and precision processing of iron products, which are applied in mechanical parts, electric motor parts, automobile parts, oil pressure parts and other hardware and spare parts, among others. The Company also offers molds and customer-tailored precision processing services. The Company distributes its products mainly in Asia, the Americas and other regions.
CHIA YI STEEL CO., LTD. 
