Chia Yi Steel Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 29, 2021 at 06:57 pm
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Chia Yi Steel Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was TWD 720.946 million compared to TWD 883.908 million a year ago. Operating loss was TWD 51.709 million compared to TWD 39.118 million a year ago. Net loss was TWD 39.870 million compared to TWD 56.512 million a year ago. Basic loss per share was TWD 0.88 compared to TWD 1.25 a year ago.
CHIA YI STEEL CO., LTD. is principally engaged in the forging, processing and distribution of casting iron products. The Company primarily involves in the manufacture and precision processing of iron products, which are applied in mechanical parts, electric motor parts, automobile parts, oil pressure parts and other hardware and spare parts, among others. The Company also offers molds and customer-tailored precision processing services. The Company distributes its products mainly in Asia, the Americas and other regions.