TCC Steel Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 02:17 am
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TCC Steel Corp. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 142,423.46 million compared to KRW 106,754.55 million a year ago. Net income was KRW 5,077.21 million compared to KRW 1,405.86 million a year ago. Basic earnings per share from continuing operations was KRW 219 compared to KRW 61 a year ago. Diluted earnings per share from continuing operations was KRW 200 compared to KRW 61 a year ago. Basic earnings per share was KRW 219 compared to KRW 61 a year ago. Diluted earnings per share was KRW 200.
For the nine months, sales was KRW 397.97 million compared to KRW 354.98 million a year ago. Net income was KRW 12,220.22 million compared to KRW 80.7 million a year ago. Basic earnings per share from continuing operations was KRW 527 compared to KRW 3 a year ago. Diluted earnings per share from continuing operations was KRW 476 compared to KRW 3 a year ago. Basic earnings per share was KRW 527 compared to KRW 3 a year ago. Diluted earnings per share was KRW 476.
TCC Steel Corp is a Korea-based company engaged in the manufacturing and distribution of coated steel plates. The Company operates its business through two segments. The Surface Treatment Steel Sheet Business segment manufactures and sells products such as electro-tin plated steel sheets, electrolytic chromic acid treated steel sheets, electrolytic copper plated steel sheets, and electric nickel plated steel sheets. The Company's products are mainly used for beverage pipes, food pipes, aerosol pipes, general pipes, bottle caps, and electronic products. The Real Estate Lease Business segment is engaged in the rental of real estates. The Company sells its products in domestic and overseas markets.