Chien Shing Stainless Steel Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 05, 2019 at 11:39 pm IST
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Chien Shing Stainless Steel Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 382.530 million compared to TWD 876.169 million a year ago. Operating loss was TWD 43.727 million compared to operating Income of TWD 29.226 million a year ago. Net loss was TWD 88.665 million compared to TWD 435.277 million a year ago. Basic loss per share was TWD 0.32 compared to TWD 1.55 a year ago. For the half year, sales was TWD 671.480 million compared to TWD 1,854.439 million a year ago. Operating loss was TWD 102.207 million compared to operating Income of TWD 43.017 million a year ago. Net loss was TWD 144.465 million compared to TWD 382.501 million a year ago. Basic loss per share was TWD 0.51 compared to TWD 1.36 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. 
