28
Nov
00:45
Ann Joo narrows losses in third quarter
Malaysian steelmaker Ann Joo Resources has reported a lower net loss of MYR 55.69 million ($11.93m) in the third quarter, as compared to a net loss of MYR 133.48m a year ago, Kallanish notes.
The group says in a bourse filing that its revenue for the quarter fell 16.06% to MYR 638.64m from MYR 760.48m a year earlier.
For the nine month period, the group's net loss widened to MYR 76.12m from MYR 66.47m a year ago. Its revenue for the per…
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Anonymous
Very good overview of the weekly steel market.
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