China Steel : Preliminary Result December 2020

December 2020	Unit：NTD Thousands
Item	This Month	Last Month	Accumulated, as of December 2020	Accumulated, the same period of previous year
Consolidated Operating Revenues	30,607,707	29,909,497	314,783,301	366,240,735
Consolidated Operating Income	2,388,590	2,081,120	2,296,237	12,578,230
Consolidated Income Before Income Tax	2,548,908	2,357,543	2,768,162	12,801,555
Notes: 1.The preliminary consolidated operating revenues in December 2020 totaled NT$ 30,607,707 thousand. Thepreliminary consolidated operating income totaled NT$ 2,388,590 thousand. The preliminary consolidatedincome before income tax totaled NT$ 2,548,908 thousand. 2.Information for the Company's carbon steel sales volume (non-consolidated basis) is as follows: The sales volume of carbon steel in December 2020 totaled 863,880 tons, with 62% of domestic sales. Accumulated sales volume of carbon steel as of December 2020 totaled 10,142,914 tons, with 66% ofdomestic sales.

Comparison between the number for this month and last month
Item	This Month	Last Month	Difference	Difference in percentage
Consolidated Operating Revenues	30,607,707	29,909,497	698,210	2
Consolidated Operating Income	2,388,590	2,081,120	307,470	15
Consolidated Income Before Income Tax	2,548,908	2,357,543	191,365	8

Comparison between the accumulated number as of this month and the same period of previous year
Item	Accumulated, as of December 2020	Accumulated, the same period of previous year	Difference	Difference in percentage
Consolidated Operating Revenues	314,783,301	366,240,735	(51,457,434)	(14)
Consolidated Operating Income	2,296,237	12,578,230	(10,281,993)	(82)
Consolidated Income Before Income Tax	2,768,162	12,801,555	(10,033,393)	(78)