Hsin Kuang Steel Company Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 4,117.09 million compared to TWD 4,054.83 million a year ago. Revenue was TWD 4,444.13 million compared to TWD 4,264.39 million a year ago. Net income was TWD 428.08 million compared to net loss of TWD 155.5 million a year ago. Basic earnings per share from continuing operations was TWD 1.33 compared to basic loss per share from continuing operations of TWD 0.48 a year ago. Diluted earnings per share from continuing operations was TWD 1.33 compared to diluted loss per share from continuing operations of TWD 0.48 a year ago.
For the nine months, sales was TWD 10,961.77 million compared to TWD 12,447.92 million a year ago. Revenue was TWD 11,946.28 million compared to TWD 13,003.04 million a year ago. Net income was TWD 1,308.13 million compared to TWD 214.72 million a year ago. Basic earnings per share from continuing operations was TWD 4.07 compared to TWD 0.67 a year ago. Diluted earnings per share from continuing operations was TWD 4.06 compared to TWD 0.67 a year ago.