Taiwan’s Quintain Steel faces losses in first 8 months in 2020

Quintain Steel, one of the Taiwanese steelmakers, announced its financial report for August on September 10th.

According to the content of the report, the total turnover for Quintain Steel in August was NT$440 million, after balancing with the cost, it has faced a net profit, NT$46 million.

However, it still faced a net loss in the first 8 months of this year, with around NT$7.8 million.