Quintain Steel Co., LTD. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 10:41 pm EST
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Quintain Steel Co., LTD. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 890.86 million compared to TWD 902 million a year ago. Net loss was TWD 41.91 million compared to net income of TWD 93 million a year ago. Basic loss per share from continuing operations was TWD 0.12 compared to basic earnings per share from continuing operations of TWD 0.26 a year ago. Diluted loss per share from continuing operations was TWD 0.12 compared to diluted earnings per share from continuing operations of TWD 0.26 a year ago.
For the nine months, sales was TWD 2,348.46 million compared to TWD 2,908.61 million a year ago. Net loss was TWD 176.89 million compared to net income of TWD 268.75 million a year ago. Basic loss per share from continuing operations was TWD 0.49 compared to basic earnings per share from continuing operations of TWD 0.74 a year ago. Diluted loss per share from continuing operations was TWD 0.49 compared to diluted earnings per share from continuing operations of TWD 0.74 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.