Yeou Yih Steel Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 09, 2020 at 04:41 pm
Share
Yeou Yih Steel Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 612.090 million compared to TWD 601.248 million a year ago. Operating loss was TWD 2.358 million compared to operating Income of TWD 12.721 million a year ago. Net loss was TWD 942,000 compared to net income of TWD 10.544 million a year ago. Basic loss per share was TWD 0.01 compared to basic earnings per share of TWD 0.12 a year ago. For the half year, sales was TWD 1,167.953 million compared to TWD 1,140.872 million a year ago. Operating loss was TWD 21.607 million compared to TWD 3.355 million a year ago. Net loss was TWD 14.503 million compared to TWD 1.729 million a year ago. Basic loss per share was TWD 0.16 compared to TWD 0.02 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.