• 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

China's steel demand expects to rebound slowly in ...
Finance and economy
28 Apr 2017 10:05
AK Steel announces its net profit of $62.5 million...
Finance and economy
28 Apr 2017 09:35
Russian Severstal announces Q1 earnings surge...
Finance and economy
27 Apr 2017 09:29
Taiwan’s China Steel Corp. announces pre-tax profi...
Finance and economy
26 Apr 2017 11:43
WSA: Global steel demand to grow in 2017...
Finance and economy
24 Apr 2017 11:21
Most Popular