Chien Shing Stainless Steel Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 10, 2020 at 03:52 pm
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Chien Shing Stainless Steel Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 143.239 million compared to TWD 382.530 million a year ago. Operating loss was TWD 75.917 million compared to TWD 43.727 million a year ago. Net loss was TWD 63.261 million compared to TWD 88.665 million a year ago. Basic loss per share was TWD 0.22 compared to TWD 0.32 a year ago. For the half year, sales was TWD 408.365 million compared to TWD 671.480 million a year ago. Operating loss was TWD 157.137 million compared to TWD 102.207 million a year ago. Net loss was TWD 158.102 million compared to TWD 144.465 million a year ago. Basic loss per share was TWD 0.56 compared to TWD 0.51 a year ago.
Chien Shing Stainless Steel Co Ltd is a Taiwan-based company that is primarily engaged in the processing and distribution of cold-rolled stainless steel coils. The Company's products mainly include 304 series stainless steel coils. The Company's products are used in building exteriors, beer barrels, freezing pipes, acid production equipment, sprinklers, rain shields, liquid oxygen tanks and others. The Company distributes its products to domestic and foreign markets.
CHIEN SHING STAINLESS STEEL CO., LTD. 
