CSC announces NTD 2.8 billion profit

Tuesday, 02 December 2003 10:52:33 (GMT+3)   |  
       

CSC announces NTD 2.8 billion profit

Taiwanese steel mill China Steel Corporation (CSC) posted a pretax profit of NTD 2.8 billion (approx. $82 million) for November 2003 on revenue of NTD 9.1 billion (approx. $267 million). In January-November 2003 period, pretax profit amounted to NTD 41.2 billion (approx. $1.2 billion) while revenue reached NTD 118.8 billion (approx. $3.5 billion). CSC has earned NTD 17.4 billion (approx. $510 million) in the first eleven months of 2002 on revenue totaling NTD 90.9 billion (approx. $2.6 billion).

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