Taiwan Steel Union Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 25, 2023 at 03:30 pm IST
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Taiwan Steel Union Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 603.25 million compared to TWD 837.11 million a year ago. Net income was TWD 165.77 million compared to TWD 384.55 million a year ago. Basic earnings per share from continuing operations was TWD 1.49 compared to TWD 3.46 a year ago. Diluted earnings per share from continuing operations was TWD 1.49 compared to TWD 3.45 a year ago.
For the six months, sales was TWD 974.22 million compared to TWD 1,278.78 million a year ago. Net income was TWD 251.28 million compared to TWD 540.58 million a year ago. Basic earnings per share from continuing operations was TWD 2.26 compared to TWD 4.86 a year ago. Diluted earnings per share from continuing operations was TWD 2.25 compared to TWD 4.85 a year ago.
TAIWAN STEEL UNION CO., LTD is a Taiwan-based company mainly engaged in the manufacture and sale of zinc oxide, as well as the clearance and disposal of bag house dust from electric arc furnace steelmaking industry. The Company is also involved in the reuse of contaminated soil, such as soil polluted by heavy metal and total petroleum hydrocarbon (TPH). The Company distributes its products within domestic market and to overseas markets.