• 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

CSC Steel Holdings Bhd's Q1 earnings slump by 76.8% y-o-y

  • A
  • A
  • A
Malaysia-based CSC Steel Holdings Bhd posted its Q1 earnings slumped by 76.8% to MYR 5.55 million from MYR 24.03 million in the same period of a year ago, affected by a decline in sales of its steel products.

In the first quarter of this year, the company realized sales revenues of MYR 242.19 million, falling by 21.4% from MYR 308.4 million in the same period of the previous year.

In addition, the company’s Q1 profit before tax decreased 75.7% year on year to MYR31.9 million.

Meanwhile, the company predicted that the market condition would remain weak in the current quarter.
News Date 14 May 2012 13:51:55 reported by Mark Wang

Taiwan’s Feng Hsin announces pre-tax profit of NT$...
Finance and economy
07 Dec 2016 12:00
Voestalpine AG announces its net profit up by more...
Finance and economy
06 Dec 2016 11:46
Germany ThyssenKrupp announces its sales performan...
Finance and economy
06 Dec 2016 11:30
US economy better than forecast will push steel ma...
Finance and economy
25 Nov 2016 11:41
AK Steel Q3 revenues drop by 2.6% ...
Finance and economy
22 Nov 2016 12:04
Most Popular