Chain Chon Industrial Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2018
March 28, 2019 at 08:13 pm
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Chain Chon Industrial Co., Ltd. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was TWD 16,412.458 million compared to TWD 17,258.560 million a year ago. Operating income was TWD 45.945 million compared to TWD 495.376 million a year ago. Net loss was TWD 83.439 million compared to net income of TWD 126.277 million a year ago. Basic loss per share was TWD 0.5 compared to basic earnings per share of TWD 0.76 a year ago.
Chain Chon Industrial Co., Ltd. is principally engaged in the manufacture and distribution of stainless steel products. The Company mainly operates through three business segments. The Cutting Processing segment is mainly engaged in the cutting, processing and trading of stainless steel plates and stainless steel round bars. The Pipes Processing segment is mainly engaged in the manufacture and sales of stainless steel pipes. The Others segment is engaged in the sales of other stainless steel products, including angle irons and channel steels. The Company is also involved in the provision of other stainless steel processing services and surface processing services, including the polishing, shearing, roller bending services. The Company mainly operates its businesses in Taiwan, the rest of Asia and the Americas.
CHAIN CHON INDUSTRIAL CO., LTD. 
