China Steel : Preliminary Result January 2022

Date：2022/02/21

January 2022	Unit：NTD Thousands
Item	This Month	Last Month	Accumulated, as of January 2022	Accumulated, the same period of previous year
Consolidated Operating Revenues	40,027,506	40,997,893	40,027,506	30,818,388
Consolidated Operating Income	5,247,391	5,700,305	5,247,391	3,234,793
Consolidated Income Before Income Tax	5,487,472	5,961,937	5,487,472	3,610,427
Notes: The preliminary consolidated operating revenues in January 2022 totaled NT$ 40,027,506 thousand. The preliminary consolidated operating income totaled NT$ 5,247,391 thousand. The preliminary consolidated income before income tax totaled NT$ 5,487,472 thousand. 2.Information for the Company's carbon steel sales volume (non-consolidated basis) is as follows: The sales volume of carbon steel in January 2022 totaled 724,225 tons. 3. Year on year performance summary: The slide in ASP of steel products together with the increase in ASC contributed to the lower consolidated operating income and income before income tax.

Comparison between the number for this month and last month
Item	This Month	Last Month	Difference	Difference in percentage
Consolidated Operating Revenues	40,027,506	40,997,893	(970,387)	(2)
Consolidated Operating Income	5,247,391	5,700,305	(452,914)	(8)
Consolidated Income Before Income Tax	5,487,472	5,961,937	(474,465)	(8)

Comparison between the accumulated number as of this month and the same period of previous year
Item	Accumulated, as of December 2021	Accumulated, the same period of previous year	Difference	Difference in percentage
Consolidated Operating Revenues	40,027,506	30,818,388	9,209,118	30
Consolidated Operating Income	5,247,391	3,234,793	2,012,598	62
Consolidated Income Before Income Tax	5,487,472	3,610,427	1,877,045	52