Yeou Yih Steel Co Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 08, 2018 at 05:38 pm
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Yeou Yih Steel Co Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 815.207 million compared to TWD 544.480 million a year ago. Operating income was TWD 44.151 million compared to TWD 5.869 million a year ago. Net income was TWD 35.243 million compared to TWD 7.374 million a year ago. Basic earnings per share was TWD 0.39 compared to TWD 0.08 a year ago.
For the nine months, sales was TWD 2,205.888 million compared to TWD 1,759.639 million a year ago. Operating income was TWD 101.819 million compared to TWD 43.436 million a year ago. Net income was TWD 84.881 million compared to TWD 39.246 million a year ago. Basic earnings per share was TWD 0.94 compared to TWD 0.43 a year ago.
YEOU YIH STEEL CO., LTD is a Taiwan-based company principally engaged in the heat treatment, leveling, cutting, acid jetting and processing of stainless steel products. The Company is also involved in the processing and trading of various steel and iron products, as well as the trading of machinery and hardware fittings. The Company provides primarily stainless steel plates. Its products are primarily applied in chemical, water resource, warehousing and transportation, engineering, electric power and petrochemical and other fields. The Company mainly distributes its products in Taiwan, the rest of Asia, Europe and the Americas.