Yeou Yih Steel Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 10:29 pm EST
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Yeou Yih Steel Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 830.69 million compared to TWD 640.69 million a year ago. Net income was TWD 60.88 million compared to TWD 40.09 million a year ago. Basic earnings per share from continuing operations was TWD 0.68 compared to TWD 0.44 a year ago. Diluted earnings per share from continuing operations was TWD 0.67 compared to TWD 0.44 a year ago.
For the nine months, sales was TWD 2,529.04 million compared to TWD 1,736.64 million a year ago. Net income was TWD 161.12 million compared to TWD 84.09 million a year ago. Basic earnings per share from continuing operations was TWD 1.79 compared to TWD 0.93 a year ago. Diluted earnings per share from continuing operations was TWD 1.78 compared to TWD 0.93 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.
YEOU YIH STEEL CO., LTD. 
