China Steel Structure Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 01, 2020 at 02:08 pm EST
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China Steel Structure Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 431.579 million compared to TWD 505.242 million a year ago. Operating income was TWD 42.319 million compared to TWD 9.236 million a year ago. Net income was TWD 106.340 million compared to TWD 28.054 million a year ago. Basic earnings per share was TWD 0.55 compared to TWD 0.15 a year ago. For the nine months, sales was TWD 1,254.501 million compared to TWD 1,605.034 million a year ago. Operating income was TWD 129.584 million compared to TWD 46.601 million a year ago. Net income was TWD 423.661 million compared to TWD 77.256 million a year ago. Basic earnings per share was TWD 2.19 compared to TWD 0.4 a year ago. Diluted earnings per share was TWD 2.18 compared to TWD 0.4 a year ago.
CHINA STEEL STRUCTURE CO., LTD. is principally engaged in the design, processing, manufacture, installation and distribution of steel structures, as well as the provision of construction engineering services. The Company provides building steel structures, machinery bodies, steel shape structures, steel bridges and other steel products. Its products are applied in the construction of buildings, bridges, factories and power plants, as well as the manufacture of steel pipes, hot- and cold-rolled products, automobile spare parts, electronic products and others. The Company conducts its businesses in domestic and overseas markets.