Formosa Ha Tinh Steel Corporation had continuously lost up to NT$30 billion in 2022 and 2023

Share this on: Hanoi, Jul 09 2024 - 08:00 AM

The newly released 2023 annual report showed that Formosa Ha Tinh Steel Corporation lost NT$20.1 billion. In 2022, Formosa Ha Tinh also lost NT$10 billion, while in 2021 the company profited NT$33 billion. In total, in the past 2 years, the company's losses had been nearly equal to the large profits in the most favorable year of the steel industry 2021.


The newly released 2023 annual report showed that Formosa Ha Tinh Steel Corporation lost NT$20.1 billion. In 2022, Formosa Ha Tinh also lost NT$10 billion, while in 2021 the company profited NT$33 billion. In total, in the past 2 years, the company's losses had been nearly equal to the large profits in the most favorable year of the steel industry 2021.



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