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27 Aug
01:00

Taiwan's CSC sees revenues stall and profits plummet in July

Taiwan’s China Steel Corporation (CSC) saw revenues stagnate month-on-month in July as operating income fell heavily on the same basis. Sales volumes into the domestic market for the month were above the monthly average, Kallanish notes. Preliminary consolidated operating revenues in July 2015 totalled NTD 23,940 million ($742m), a decrease month-on-month of only -0.3%. Consolidated operating income however was NTD 62m, a fall of -96% from June’s…
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