• 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

Tokyo Steel 2014 profit soars...
Finance and economy
24 Apr 2015 10:43
South Korean Posco profit up in Q1...
Finance and economy
24 Apr 2015 10:31
Steel Dynamics reports Q1 results ...
Finance and economy
23 Apr 2015 13:32
Taiwan’s CSC March sales revenues rise ...
Finance and economy
21 Apr 2015 10:59
China’s Taigang Stainless Q1 profit may fall...
Finance and economy
16 Apr 2015 14:57
Most Popular