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Industry NewsThe current position: Homepage > News > Industry News

China Steel Posts Loss in Q1 of 2020

Time:Mon, 27 Apr 2020 07:28:52 +0800

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China Steel Corp has posted pretax losses of NTD 509.43 million for March 2020, leading to first-quarter losses of NTD 2.57 billion. The sales volume of carbon steel in March 2020 totaled 962,092 tonnes, with 69% of domestic sales. Accumulated sales volume of carbon steel as of March 2020 totaled 2,726,578 tonnes, with 69% of domestic sales

Item Mar'20 Mar'19 Q1'20 Q1'19
Consolidated Operating Revenues 27,754,842 26,060,991 77,918,877 96,229,631
Consolidated Operating Income -698,824 -592,044 -2,379,425 5,253,929
Consolidated Income Before Income Tax -509,428 -794,394 -2,566,490 5,133,748
 

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