Chien Shing Stainless Steel Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 05:10 am
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Chien Shing Stainless 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 275.59 million compared to TWD 68.55 million a year ago. Net loss was TWD 3.58 million compared to net income of TWD 375.88 million a year ago. Basic loss per share from continuing operations was TWD 0.01 compared to basic earnings per share from continuing operations of TWD 1.34 a year ago.
For the nine months, sales was TWD 442.45 million compared to TWD 1,027 million a year ago. Net income was TWD 348.55 million compared to TWD 674.43 million a year ago. Basic earnings per share from continuing operations was TWD 1.24 compared to TWD 2.4 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. 
