China Steel : Preliminary Result March 2020

March 2020	Unit：NTD Thousands
Item	This Month	Last Month	Accumulated, as of March 2020	Accumulated, the same period of previous year
Consolidated Operating Revenues	27,754,842	26,060,991	77,918,877	96,229,631
Consolidated Operating Income	(698,824)	(592,044)	(2,379,425)	5,253,929
Consolidated Income Before Income Tax	(509,428)	(794,394)	(2,566,490)	5,133,748
Notes: 1.The preliminary consolidated operating revenues in March 2020 totaled NT$ 27,754,842 thousand. The preliminary consolidated operating loss totaled NT$ 698,824 thousand. The preliminary consolidated loss before income tax totaled NT$ 509,428 thousand. 2.Information for the Company's carbon steel sales volume (non-consolidated basis) is as follows: The sales volume of carbon steel in March 2020 totaled 962,092 tones, with 69% of domestic sales. Accumulated sales volume of carbon steel as of March 2020 totaled 2,726,578 tones, with 69% of domestic sales.

Comparison between the number for this month and last month
Item	This Month	Last Month	Difference	Difference in percentage
Consolidated Operating Revenues	27,754,842	26,060,991	1,693,851	6
Consolidated Operating Income	(698,824)	(592,044)	(106,780)	(18)
Consolidated Income Before Income Tax	(509,428)	(794,394)	284,966	36

Comparison between the accumulated number as of this month and the same period of previous year
Item	Accumulated, as of March 2020	Accumulated, the same period of previous year	Difference	Difference in percentage
Consolidated Operating Revenues	77,918,877	96,229,631	(18,310,754)	(19)
Consolidated Operating Income	(2,379,425)	5,253,929	(7,633,354)	(145)
Consolidated Income Before Income Tax	(2,566,490)	5,133,748	(7,700,238)	(150)