Chun Yuan Steel Industry Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 06, 2022 at 01:25 am IST
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Chun Yuan Steel Industry Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 6,567.06 million compared to TWD 6,744.87 million a year ago. Net income was TWD 228.75 million compared to TWD 375.27 million a year ago. Diluted earnings per share from continuing operations was TWD 0.35 compared to TWD 0.58 a year ago. Basic earnings per share was TWD 0.35 compared to TWD 0.58 a year ago. Diluted earnings per share was TWD 0.35 compared to TWD 0.58 a year ago.
For the six months, sales was TWD 12,886.71 million compared to TWD 12,204.91 million a year ago. Net income was TWD 418.46 million compared to TWD 636.4 million a year ago. Diluted earnings per share from continuing operations was TWD 0.65 compared to TWD 0.98 a year ago. Basic earnings per share was TWD 0.65 compared to TWD 0.98 a year ago. Diluted earnings per share was TWD 0.65 compared to TWD 0.98 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. 
