Yeou Yih Steel Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 06, 2021 at 03:45 pm EDT
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Yeou Yih Steel Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 409.956 million compared to TWD 555.863 million a year ago. Operating income was TWD 8.016 million compared to operating loss of TWD 19.249 million a year ago. Net income was TWD 6.607 million compared to net loss of TWD 13.561 million a year ago. Basic earnings per share from continuing operations was TWD 0.07 compared to basic loss per share from continuing operations of TWD 0.15 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.