Tubacex, S.A. Reports Earnings Results for the Half Year Ended June 30, 2022
July 21, 2022 at 08:09 am EDT
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Tubacex, S.A. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was EUR 354.69 million compared to EUR 148.63 million a year ago. Net income was EUR 9.12 million compared to net loss of EUR 23.29 million a year ago. Basic earnings per share from continuing operations was EUR 0.07 compared to basic loss per share from continuing operations of EUR 0.2 a year ago. Diluted earnings per share from continuing operations was EUR 0.07 compared to diluted loss per share from continuing operations of EUR 0.2 a year ago.
Tubacex SA is a Spain-based company primarily engaged, through its subsidiaries, in the steel industry. The Company's main activity is the manufacture, distribution and sale of seamless stainless steel tubes and pipes. The Companyâs product portfolio also includes hollow bars, steel and fittings. It has operations established in Europe, the Americas and Asia.The Company is a parent of Grupo Tubacex, a group, which comprises a number of controlled entities, including Aceria de Alava SA, Tubacex Tubos Inoxidables SA, Schoeller-Bleckmann Edelstahlrohr Inmobilien AG, Salem Tube Inc, Tubacex Taylor Accesorios SA and Metaux Inox Services SAS, among others.
TUBACEX, S.A. 
