Yuen Chang Stainless Steel Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 09, 2022 at 08:21 am
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Yuen Chang Stainless Steel Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 4,050.68 million compared to TWD 3,432.43 million a year ago. Net income was TWD 236.7 million compared to TWD 171.78 million a year ago. Basic earnings per share from continuing operations was TWD 1.43 compared to TWD 1.11 a year ago. Diluted earnings per share from continuing operations was TWD 1.36 compared to TWD 1.11 a year ago.
For the six months, sales was TWD 7,781.82 million compared to TWD 5,964.52 million a year ago. Net income was TWD 306.86 million compared to TWD 272.22 million a year ago. Basic earnings per share from continuing operations was TWD 1.86 compared to TWD 1.76 a year ago. Diluted earnings per share from continuing operations was TWD 1.75 compared to TWD 1.76 a year ago.
Yuen Chang Stainless Steel Co Ltd engages in manufacture stainless steel sheet and stainless steel plate. The Company's products including stainless steel coil, stainless steel sheet, stainless steel plate and stainless steel strip, among others. The Company also provides stainless steel processing services, such as cold rolled shearing, slitting, surface treatment and hot rolled shearing. The Company distributes its products in domestic market, as well as America, Europe and Asia.