Yeou Yih Steel Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 08, 2023
Share
Yeou Yih Steel Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 797.57 million compared to TWD 864.45 million a year ago. Net income was TWD 29.65 million compared to TWD 63.23 million a year ago. Basic earnings per share from continuing operations was TWD 0.33 compared to TWD 0.7 a year ago. Diluted earnings per share from continuing operations was TWD 0.33 compared to TWD 0.7 a year ago.
For the six months, sales was TWD 1,709.86 million compared to TWD 1,698.35 million a year ago. Net income was TWD 72.71 million compared to TWD 100.24 million a year ago. Basic earnings per share from continuing operations was TWD 0.81 compared to TWD 1.11 a year ago. Diluted earnings per share from continuing operations was TWD 0.81 compared to TWD 1.11 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.