Kao Hsing Chang Iron & Steel Corp. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 338.13 million compared to TWD 622.75 million a year ago. Net income was TWD 329.87 million compared to TWD 30.87 million a year ago. Basic earnings per share from continuing operations was TWD 1.72 compared to TWD 0.15 a year ago. Diluted earnings per share from continuing operations was TWD 1.72 compared to TWD 0.15 a year ago.
For the six months, sales was TWD 769.77 million compared to TWD 1,062.53 million a year ago. Net income was TWD 390.53 million compared to TWD 33.69 million a year ago. Basic earnings per share from continuing operations was TWD 2 compared to TWD 0.17 a year ago. Diluted earnings per share from continuing operations was TWD 1.99 compared to TWD 0.17 a year ago.