Quintain Steel Co., LTD. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 04:25 am EDT
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Quintain Steel Co., LTD. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 791.68 million compared to TWD 1,014.07 million a year ago. Net loss was TWD 90.17 million compared to net income of TWD 131.83 million a year ago. Basic loss per share from continuing operations was TWD 0.25 compared to basic earnings per share from continuing operations of TWD 0.3654 a year ago. Diluted loss per share from continuing operations was TWD 0.25 compared to diluted earnings per share from continuing operations of TWD 0.3654 a year ago.
For the six months, sales was TWD 1,457.6 million compared to TWD 2,006.61 million a year ago. Net loss was TWD 134.99 million compared to net income of TWD 175.74 million a year ago. Basic loss per share from continuing operations was TWD 0.375 compared to basic earnings per share from continuing operations of TWD 0.4904 a year ago. Diluted loss per share from continuing operations was TWD 0.375 compared to diluted earnings per share from continuing operations of TWD 0.4904 a year ago.
Quintain Steel Co., LTD is a Taiwan-based company principally engaged in the manufacture and trading of steel products. The Companyâs products include steel wire rods, galvanized steel wires, steel and iron wires, screws and others. Its products are applied in the manufacture of barbecue frames, hardware, stationery and others. The Company is also engaged in the provision of related processing services. The Company operates businesses in domestic and overseas markets, including Japan, Southeast Asia, Australia, China, Myanmar, India and the United States.