Yeou Yih Steel Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 05, 2020 at 01:19 pm EST
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Yeou Yih Steel Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 434.932 million compared to TWD 540.928 million a year ago. Operating income was TWD 3.206 million compared to TWD 1.395 million a year ago. Net income was TWD 3.727 million compared to TWD 1.791 million a year ago. Basic earnings per share was TWD 0.04 compared to TWD 0.02 a year ago. For the nine months, sales was TWD 1,602.885 million compared to TWD 1,681.800 million a year ago. Operating loss was TWD 18.401 million compared to TWD 1.960 million a year ago. Net loss was TWD 10.776 million compared to net income of TWD 62,000 a year ago. Basic loss per share was TWD 0.12. Basic loss per share from continuing operations was TWD 0.12.
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.
YEOU YIH STEEL CO., LTD. 
