Sheng Yu Steel Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 11, 2021 at 10:44 am EDT
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Sheng Yu Steel Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was TWD 3,207.718 million compared to TWD 2,403.712 million a year ago. Operating income was TWD 336.893 million compared to TWD 522,000 a year ago. Net income was TWD 276.519 million compared to net loss of TWD 2.120 million a year ago. Basic earnings per share was TWD 0.86 compared to basic loss per share of TWD 0.01 a year ago.
SHENG YU STEEL CO., LTD. is a Taiwan-based company mainly engaged in the processing and distribution of steel products. The Company provides galvanized steel coils, such as aluminum-zinc coated steel coils; pre-coated galvanized steel coils, such as coated aluminum-zinc coating steel coils and others, and cold rolled steel coils, which are used in constructions, electric appliances, agriculture tools and other areas. In addition, the Company provides raw material steel coils, pickled steel coils and others. The Company distributes its products in domestic market and overseas markets, including the rest of Asia, the United States and Europe.
SHENG YU STEEL CO., LTD. 
