Asia
Hsin Kuang Steel Logs Nearly NT$71 Million in Q1 Profit; Shares Drop 3%
Hsin Kuang Steel (TPE:2031) posted a profit attributable to owners of NT$70.7 million, or NT$0.22 per share, for the first quarter, according to a Tuesday filing with the Taiwan Stock Exchange.Shares slid over 3% in Wednesday's midday trade.Meanwhile, operating revenue stood at NT$4.59 billion.The steel manufacturer did not provide comparative year-ago figures.
TPE:2031
