INI Steel reports August 2003 results

INI Steel reports August 2003 results

Korean steelmaker INI Steel has reported its sales as Won 292 billion (approx. $254 million) in August 2003, up by 6% compared to same period last year. The company's operating profit raised by 57% to Won 27.2 billion in the same month while ordinary profit was up by 71% to Won 20.4 billion.