Below are the financial statements of China Steel, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of TWD | 2024 | 2023 |
---|---|---|
Operating revenues | 360,535.71a | 363,326.5a |
Operating costs | -345,474.55a | -346,553.75a |
Gross profit | 15,061.16a | 16,772.75a |
Operating expenses | — | — |
Selling and marketing expenses | -4,094.33a | -4,325.02a |
General and administrative expenses | -6,875.98a | -6,731.38a |
Research and development expenses | -2,266.9a | -2,132.19a |
Expected credit loss recognized (reversed) | -31.95a | -1.79a |
Total operating expenses | -13,269.17a | -13,186.8a |
Profit from operations | 1,792a | 3,585.94a |
Non-operating income and expenses | — | — |
Interest income | 1,254.62a | 906.21a |
Other income | 4,034.2a | 3,002.42a |
Other gains and losses | 811.43a | 152.09a |
Finance costs | -4,046.42a | -3,623.66a |
Share of the profit of associates | 731.74a | 567.09a |
Total non-operating income and expenses | 2,785.57a | 1,004.15a |
Profit before income tax | 4,577.57a | 4,590.09a |
Income tax expense | -701.58a | -1,058.89a |
Net profit for the year | 3,875.99a | 3,531.21a |
Net profit attributable to | — | — |
Owners of the Corporation | 1,978.35a | 1,681.68a |
Non-controlling interests | 1,897.64a | 1,849.53a |
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