Yuen Chang Stainless Steel Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 09, 2022 at 04:21 am EDT
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Yuen Chang Stainless Steel Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 3,731.14 million compared to TWD 2,532.09 million a year ago. Net income was TWD 70.15 million compared to TWD 100.43 million a year ago. Basic earnings per share from continuing operations was TWD 0.43 compared to TWD 0.65 a year ago. Diluted earnings per share from continuing operations was TWD 0.39 compared to TWD 0.65 a year ago.
Yuen Chang Stainless Steel Co Ltd engages in manufacture stainless steel sheet and stainless steel plate. The Company's products including stainless steel coil, stainless steel sheet, stainless steel plate and stainless steel strip, among others. The Company also provides stainless steel processing services, such as cold rolled shearing, slitting, surface treatment and hot rolled shearing. The Company distributes its products in domestic market, as well as America, Europe and Asia.