Feng Hsin Iron & Steel, one of the major electric furnace mills and also the carbon steel long product makers in Taiwan, registered sales revenue of NT$2.573 billion in December, down by 3.18% from a month ago.
The company said its December operating income was NT$NT$161 million, down by 12.5% month on month.
The company announced that its combined sales revenue in the Q4 soared by 7.3% to NT$7.764 billion compared to the same time of last year, citing higher demand.