Taiwan Steel Union Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 01, 2022 at 12:59 pm IST
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Taiwan Steel Union Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 649.74 million compared to TWD 364.83 million a year ago. Net income was TWD 215.49 million compared to TWD 87.53 million a year ago. Basic earnings per share from continuing operations was TWD 1.94 compared to TWD 0.79 a year ago. Diluted earnings per share from continuing operations was TWD 1.94 compared to TWD 0.79 a year ago.
For the nine months, sales was TWD 1,928.52 million compared to TWD 1,145.1 million a year ago. Net income was TWD 756.06 million compared to TWD 308.07 million a year ago. Basic earnings per share from continuing operations was TWD 6.79 compared to TWD 2.77 a year ago. Diluted earnings per share from continuing operations was TWD 6.78 compared to TWD 2.76 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.