Yeou Yih Steel Co., Ltd. Announces Earnings Results for the Second Quarter Ended June 30, 2021
August 11, 2021
Share
Yeou Yih Steel Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 685.988 million compared to TWD 612.090 million a year ago. Operating income was TWD 40.404 million compared to operating loss of TWD 2.358 million a year ago. Net income was TWD 37.397 million compared to net loss of TWD 942,000 a year ago. Basic earnings per share from continuing operations was TWD 0.42 compared to basic loss per share from continuing operations of TWD 0.01 a year ago. For the half year, sales was TWD 1,095.944 million compared to TWD 1,167.953 million a year ago. Operating income was TWD 48.420 million compared to operating loss of TWD 21.607 million a year ago. Net income was TWD 44.004 million compared to net loss of TWD 14.503 million a year ago. Basic earnings per share from continuing operations was TWD 0.49 compared to basic loss per share from continuing operations of TWD 0.16 a year ago.
YEOU YIH STEEL CO., LTD is a Taiwan-based company principally engaged in the heat treatment, leveling, cutting, acid jetting and processing of stainless steel products. The Company is also involved in the processing and trading of various steel and iron products, as well as the trading of machinery and hardware fittings. The Company provides primarily stainless steel plates. Its products are primarily applied in chemical, water resource, warehousing and transportation, engineering, electric power and petrochemical and other fields. The Company mainly distributes its products in Taiwan, the rest of Asia, Europe and the Americas.