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Chung Hung Steel Returns to Profit in H1 with EPS of NT$0.07
Non-Energy Minerals · Steel · economic_daily · 2026-08-04
2014
Chung Hung Steel reported a return to profitability in H1 with a net profit of NT$100 million and an EPS of NT$0.07, maintaining a healthy financial structure.
What Happened
Return to Profitability: Chung Hung Steel's board approved its H1 financial report, showing revenue of approximately NT$10.3 billion and a net profit of NT$100 million, resulting in an EPS of NT$0.07. Having successfully moved past last year's losses, the company remains cautiously optimistic about its future performance.
Solid Financial Structure: As of the end of the first half, the company reported total assets of NT$26.3 billion and total liabilities of NT$14 billion, with equity attributable to parent company owners at NT$12.2 billion. The debt-to-asset ratio remains in a healthy range of approximately 53%.
Financial Flexibility: With a stable and ample net asset base, the company is well-positioned with sufficient financial flexibility for the second half of the year. This strong financial standing enhances the company's ability to defend against market volatility.
Future Outlook: Following the successful return to profit in the first half, Chung Hung Steel will continue to focus on operational efficiency. Supported by a healthy financial foundation, the company is prepared to navigate shifts in the steel market while maintaining stable operations.
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