China Steel (2002) Q2 2026 earnings summary

Executive summary

• Revenue for the six months ended June 30, 2026 was NT$168.0 billion, nearly flat compared to NT$168.3 billion in the same period last year.

• Net profit for the six months ended June 30, 2026 was NT$937 million, a turnaround from a net loss of NT$1.5 billion in the prior year period.

• Total comprehensive income for the six months ended June 30, 2026 was NT$9.7 billion, compared to a loss of NT$11.0 billion in the prior year period.

Financial highlights

• Gross profit for the six months ended June 30, 2026 was NT$9.7 billion, up from NT$5.2 billion year-over-year.

• Operating profit for the six months ended June 30, 2026 was NT$3.0 billion, compared to an operating loss of NT$1.2 billion in the same period last year.

• Basic and diluted EPS for the six months ended June 30, 2026 were NT$-0.03, compared to NT$-0.11 in the prior year period.

• Total assets as of June 30, 2026 were NT$685.9 billion, up from NT$674.2 billion as of June 30, 2025.

• Total equity as of June 30, 2026 was NT$335.1 billion, up from NT$322.7 billion as of June 30, 2025.

Outlook and guidance

• The company is monitoring the impact of new IFRS standards, including IFRS 18, which will affect financial statement presentation and disclosure starting January 1, 2028.

• Management continues to assess the impact of amended standards and will disclose relevant effects when assessments are complete.