Yeou Yih Steel Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 02:47 pm EST
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Yeou Yih Steel Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 540.928 million compared to TWD 815.207 million a year ago. Operating income was TWD 1.395 million compared to TWD 44.151 million a year ago. Net income was TWD 1.791 million compared to TWD 35.243 million a year ago. Basic earnings per share was TWD 0.02 compared to TWD 0.39 a year ago. For the nine months, sales was TWD 1,681.800 million compared to TWD 2,205.888 million a year ago. Operating loss was TWD 1.960 million compared to operating Income of TWD 101.819 million a year ago. Net income was TWD 62,000 compared to TWD 84.881 million a year ago. Basic eps was TWD 0 compared to TWD 0.94 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.