Chun Yuan Steel Industry Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 10, 2021 at 12:56 am IST
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Chun Yuan Steel Industry Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 5,460.042 million compared to TWD 4,148.673 million a year ago. Operating income was TWD 301.024 million compared to TWD 67.882 million a year ago. Net income was TWD 261.132 million compared to TWD 60.010 million a year ago. Basic earnings per share from continuing operations was TWD 0.4 compared to TWD 0.09 a year ago.
CHUN YUAN STEEL INDUSTRY CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of steel plates and related products. The Companyâs products include steel plates, special steel materials, silicon steel sheets, storage equipment and section steels. The Company operates through six segments. Construction segment is engaged in the construction engineering of buildings, factories and bridges. The First segment manufactures, processes and sells hot rolled and cold rolled steel plates. The Second segment manufactures and sells special steel materials and storage equipment. Qingdao Chun Yuan segment manufactures and sells mechanical and electrical components and other metal products. Shanghai Hua Teng segment manufactures, processes and sells silicon steel sheets. Shenzhen Chun Yuan segment manufactures and sells transformer components, rotors and stators, among others.
CHUN YUAN STEEL INDUSTRY CO., LTD. 
