Yeou Yih Steel Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 12, 2019 at 05:31 pm
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Yeou Yih Steel Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 539.624 million compared to TWD 622.590 million a year ago. Operating loss was TWD 16.076 million compared to operating Income of TWD 21.935 million a year ago. Net loss was TWD 12.273 million compared to net income of TWD 20.366 million a year ago. Basic loss per share was TWD 0.14 compared to basic earnings per share of TWD 0.23 a year ago.
YEOU YIH STEEL CO., LTD is a Taiwan-based company principally engaged in the heat treatment, leveling, cutting, acid jetting and processing of stainless steel products. The Company is also involved in the processing and trading of various steel and iron products, as well as the trading of machinery and hardware fittings. The Company provides primarily stainless steel plates. Its products are primarily applied in chemical, water resource, warehousing and transportation, engineering, electric power and petrochemical and other fields. The Company mainly distributes its products in Taiwan, the rest of Asia, Europe and the Americas.