Financial Markets
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks

Company - Overseas
 Search News  Or
China Steel swings to profit in Q2

Jul. 18, 2012 (China Knowledge) - China Steel Corp, Taiwan's largest steel producer, announced today that it recorded a pre-tax profit of NT$2.91 billion in the second quarter of this year, after suffering a loss of NT$978 million in the first quarter.

No comment was given on the improved performance data. Industry analysts said that this may benefit from falling costs of raw materials.

In the second quarter, the company produced 2.24 million metric tons of carbon steel, 1.6% less than the 2.28 million metric tons in the corresponding period of last year.

In the second quarter of 2011, the company's pre-tax profit was NT$9.99 billion.

Add this     
Copyright © "2015"

Send feedback or comments to:

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services


 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved