• Steel Market Insider

    We strive to let you one step ahead of the market

Steel News
Advanced search
    Key words
  • Search By
  • Date
  • Classification
  • Region
Advanced search

Taiwanese Hai Kwang expects its total sales profit in 2011 better than last year

  • A
  • A
  • A
Because of the stable demand from Taiwan's popular construction projects, Hai Kwang which is also one of the major rebar producers in Southern Taiwan expected its sales revenue in Q2, 2011 would stay at the same level as in Q1.

However, the rising production costs may cause Hai Kwang's Q2 sale profits to drop slightly.

Hai Kwang expected its total sales revenue will rise more than 10% in the entire 2011; also, because the scrap price level has become more stable, it helps Hai Kwang's sales profit rate to rise in 2011.

Although Hai Kwang's sales may drop slightly in Q3, the company's total sales will still have the obviously growth in 2011.
News Date 29 Jun 2011 17:24:41 reported by Johnny Lin

Russian TMK announces net loss in Q3 this year...
Finance and economy
26 Nov 2015 09:28
USS announces temporary close its Grani city mill...
Finance and economy
25 Nov 2015 14:26
Gerdau’s sales revenue decreases in Jan-Sep...
Finance and economy
19 Nov 2015 11:45
Jindal Stainless sets to cut debt by 64%...
Finance and economy
19 Nov 2015 08:50
Germany Salzgitter’s net profit rose in January-Se...
Finance and economy
16 Nov 2015 10:44
Most Popular