Chia Yi Steel Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 03:24 pm
Share
Chia Yi Steel Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 292.9 million compared to TWD 314.08 million a year ago. Revenue was TWD 291.8 million compared to TWD 311.8 million a year ago. Net loss was TWD 0.144 million compared to TWD 10.06 million a year ago.
For the nine months, sales was TWD 931.21 million compared to TWD 898.32 million a year ago. Revenue was TWD 920.3 million compared to TWD 886.23 million a year ago. Net income was TWD 0.602 million compared to net loss of TWD 22.54 million a year ago. Basic earnings per share from continuing operations was TWD 0.01 compared to basic loss per share from continuing operations of TWD 0.5 a year ago. Diluted earnings per share from continuing operations was TWD 0.01 compared to diluted loss per share from continuing operations of TWD 0.5 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. 
