YC Inox Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 06:52 am
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YC Inox Co.,Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 4,066.86 million compared to TWD 4,354.18 million a year ago. Net loss was TWD 187.92 million compared to net income of TWD 265.58 million a year ago. Basic loss per share from continuing operations was TWD 0.42 compared to basic earnings per share from continuing operations of TWD 0.6 a year ago.
For the nine months, sales was TWD 11,774.28 million compared to TWD 13,403.21 million a year ago. Net income was TWD 110.76 million compared to TWD 1,059.34 million a year ago. Basic earnings per share from continuing operations was TWD 0.25 compared to TWD 2.38 a year ago. Diluted earnings per share from continuing operations was TWD 0.24 compared to TWD 2.21 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.