Economic Sustainability

Operating Status

The main products of the Company include rebar, section steel and steel plate, which are mainly provided to the construction market in Taiwan and its outlying islands. Our services are provided to instruction industry, wholesaler of rebar （processing industry）, traders and subcontractors （such as transport companies）. In 2021, the sales of rebars mainly focused on the domestic sales. Domestic sales of section steel accounted for 89.4% while foreign sales of it accounted for 10.6%, mainly to countries such as Australia and New Zealand. There was no prohibition on sale of these products.

Financial Performance

The Company’s annual revenue for 2021 increased by 32.08% compared with 2020, and the net income after tax amounted to NTD 5,906,247 thousand, an increase of 149.69% compared with 2020. The earnings per share was NTD 5.95. In 2021, the employee compensation and benefits were NTD 2,301,082 thousand.