YC Inox Co.,Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 07, 2023 at 02:56 pm IST
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YC Inox 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 3,814.54 million compared to TWD 4,967.15 million a year ago. Net income was TWD 205.16 million compared to TWD 372.21 million a year ago. Basic earnings per share from continuing operations was TWD 0.46 compared to TWD 0.84 a year ago. Diluted earnings per share from continuing operations was TWD 0.43 compared to TWD 0.78 a year ago.
For the six months, sales was TWD 7,707.41 million compared to TWD 9,049.03 million a year ago. Net income was TWD 298.68 million compared to TWD 793.76 million a year ago. Basic earnings per share from continuing operations was TWD 0.67 compared to TWD 1.78 a year ago. Diluted earnings per share from continuing operations was TWD 0.63 compared to TWD 1.66 a year ago.
YC Inox Co Ltd is a Taiwan-based company principally engaged in the manufacture, processing and distribution of stainless steel products. The Companyâs primary products include stainless steel industrial pipes, stainless steel structure pipes, stainless steel thin plates, stainless steel thick plates, stainless steel angle products, stainless steel flat-rolled products and stainless steel channel section products. Its products are mainly applied in chemical, construction, food, environment protection, as well as fire fighting and telecommunication industries. The Company mainly distributes its products within domestic market and to overseas markets.