Chien Shing Stainless Steel Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021 at 04:42 pm
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Chien Shing Stainless Steel Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 865.05 million compared to TWD 216.99 million a year ago. Net income was TWD 130.95 million compared to net loss of TWD 29.2 million a year ago. Basic earnings per share was TWD 0.47 compared to basic loss per share of TWD 0.1 a year ago.
For the nine months, sales was TWD 1,545.91 million compared to TWD 625.36 million a year ago. Net income was TWD 177.66 million compared to net loss of TWD 187.3 million a year ago. Basic earnings per share was TWD 0.63 compared to basic loss per share of TWD 0.67 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.