22
Feb
11:44
CSC Malaysia doubles FY21 profits despite lower sales
CSC Steel Holdings Bhd in Malaysia reached higher revenue and profits in 2021 due to increased steel prices, even though the steelmaker's sales volumes declined in the reporting period, Kallanish notes.
According to CSC's public report on Bursa Malaysia, its revenue jumped by 36.11% from MYR 1.08 billion ($258 million) a year ago to MYR 1.47 billion for the financial year ended 31 December 2021 (FY2021). Meanwhile, profit attributable to ord…
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Anonymous
Very good overview of the weekly steel market.
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