CSC - China Steel Corporation

07/19/2021 | Press release | Distributed by Public on 07/19/2021 01:27

China Steel Corporation Preliminary Result June 2021

China Steel Corporation Preliminary Result June 2021

Date2021/07/19

June 2021
UnitNTD Thousands
Item
This Month
Last Month
Accumulated, as of June 2021
Accumulated, the same period of previous year
Consolidated Operating Revenues
38,823,509
39,718,469
213,269,624
150,528,288
Consolidated Operating Income
7,883,475
7,362,158
33,247,153
(3,416,016)
Consolidated Income Before Income Tax
8,306,263
7,626,755
35,201,371
(3,819,448)
Notes:
1.The preliminary consolidated operating revenues in June 2021 totaled NT$ 38,823,509 thousand. Thepreliminary consolidated operating income totaled NT$ 7,883,475 thousand. The preliminary consolidatedincome before income tax totaled NT$ 8,306,263 thousand.
2.Information for the Company's carbon steel sales volume (non-consolidated basis) is as follows:
The sales volume of carbon steel in June 2021 totaled 806,081 tons. Accumulated sales volume of carbonsteel as of June 2021 totaled 4,921,998 tons.
3. Monthly performance summary:
The increase of consolidated operating income in this month is mainly from the strong recovery of steelmarket and the increase in ASP of steel department surpassed that of ASC. Besides, the non-operatingincome of Chung Hung Steel is higher in this month from the gain on disposal of investments and gainarising from financial assets at fair value through profit or loss of its investment in YUSCO. The preliminaryconsolidated income before income tax this month increased by NT$ 680 million in total.
Comparison between the number for this month and last month
Item
This Month
Last Month
Difference
Difference in percentage
Consolidated Operating Revenues
38,823,509
39,718,469
(894,960)
(2)
Consolidated Operating Income
7,883,475
7,362,158
521,317
7
Consolidated Income Before Income Tax
8,306,263
7,626,755
679,508
9
Comparison between the accumulated number as of this month and the same period of previous year
Item
Accumulated, as of June 2021
Accumulated, the same period of previous year
Difference
Difference in percentage
Consolidated Operating Revenues
213,269,624
150,528,288
62,741,336
42
Consolidated Operating Income
33,247,153
(3,416,016)
36,663,169
1,073
Consolidated Income Before Income Tax
35,201,371
(3,819,448)
39,020,819
1,022