Kao Hsing Chang Iron & Steel Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 367.12 million compared to TWD 610.2 million a year ago. Net income was TWD 42.69 million compared to TWD 52.04 million a year ago. Basic earnings per share from continuing operations was TWD 0.22 compared to TWD 0.26 a year ago. Diluted earnings per share from continuing operations was TWD 0.22 compared to TWD 0.26 a year ago.
For the nine months, sales was TWD 1,136.89 million compared to TWD 1,672.73 million a year ago. Net income was TWD 433.22 million compared to TWD 85.73 million a year ago. Basic earnings per share from continuing operations was TWD 2.23 compared to TWD 0.43 a year ago. Diluted earnings per share from continuing operations was TWD 2.23 compared to TWD 0.43 a year ago.