Sheng Yu Steel Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 09, 2021 at 10:05 pm EST
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Sheng Yu Steel Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 3,596.86 million compared to TWD 2,278.04 million a year ago. Revenue was TWD 3,596.86 million compared to TWD 2,278.04 million a year ago. Net income was TWD 332.49 million compared to TWD 68.15 million a year ago. Basic earnings per share from continuing operations was TWD 1.04 compared to TWD 0.21 a year ago. Diluted earnings per share from continuing operations was TWD 1.03 compared to TWD 0.21 a year ago.
For the nine months, sales was TWD 10,449.38 million compared to TWD 6,686.06 million a year ago. Revenue was TWD 10,449.38 million compared to TWD 6,686.06 million a year ago. Net income was TWD 948.14 million compared to TWD 42.7 million a year ago. Basic earnings per share from continuing operations was TWD 2.95 compared to TWD 0.13 a year ago. Diluted earnings per share from continuing operations was TWD 2.95 compared to TWD 0.13 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. 
