China Steel Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 88,229.38 million compared to TWD 105,340.45 million a year ago. Net loss was TWD 703.4 million compared to net income of TWD 1,938.6 million a year ago. Basic loss per share from continuing operations was TWD 0.05 compared to basic earnings per share from continuing operations of TWD 0.12 a year ago. Diluted loss per share from continuing operations was TWD 0.05 compared to diluted earnings per share from continuing operations of TWD 0.12 a year ago.
For the nine months, sales was TWD 274,932.25 million compared to TWD 354,190.28 million a year ago. Net loss was TWD 435.77 million compared to net income of TWD 22,793.86 million a year ago. Basic loss per share from continuing operations was TWD 0.03 compared to basic earnings per share from continuing operations of TWD 1.48 a year ago. Diluted loss per share from continuing operations was TWD 0.03 compared to diluted earnings per share from continuing operations of TWD 1.47 a year ago.