Tenaris S.A. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 05, 2020 at 03:32 am IST
Tenaris S.A. Announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was USD 1,012.750 million compared to USD 1,763.783 million a year ago. Operating loss was USD 70.316 million compared to operating Income of USD 187.120 million a year ago. Net loss was USD 32.946 million compared to net income of USD 106.548 million a year ago. For the nine months, sales was USD 4,016.106 million compared to USD 5,553.507 million a year ago. Operating loss was USD 670.456 million compared to operating Income of USD 680.624 million a year ago. Net loss was USD 740.975 million compared to net income of USD 590.913 million a year ago.