YC Inox Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 04, 2022 at 06:06 am EDT
Share
YC Inox Co.,Ltd reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 4,354.18 million compared to TWD 5,305.17 million a year ago. Net income was TWD 265.58 million compared to TWD 323.87 million a year ago. Basic earnings per share from continuing operations was TWD 0.6 compared to TWD 0.74 a year ago. Diluted earnings per share from continuing operations was TWD 0.55 compared to TWD 0.69 a year ago.
For the nine months, sales was TWD 13,403.21 million compared to TWD 13,127.48 million a year ago. Net income was TWD 1,059.34 million compared to TWD 828.81 million a year ago. Basic earnings per share from continuing operations was TWD 2.38 compared to TWD 1.89 a year ago. Diluted earnings per share from continuing operations was TWD 2.21 compared to TWD 1.77 a year ago.
YC Inox Co Ltd is a Taiwan-based company principally engaged in the manufacture, processing and distribution of stainless steel products. The Companyâs primary products include stainless steel industrial pipes, stainless steel structure pipes, stainless steel thin plates, stainless steel thick plates, stainless steel angle products, stainless steel flat-rolled products and stainless steel channel section products. Its products are mainly applied in chemical, construction, food, environment protection, as well as fire fighting and telecommunication industries. The Company mainly distributes its products within domestic market and to overseas markets.