07
Mar
03:01
Eonmetall losses narrow amid higher revenue
Malaysian steel products maker Eonmetall has seen its losses for the fourth quarter narrow amid higher revenue, Kallanish notes.
The firm says in a bourse filing that it posted a smaller net loss of MYR 12.05 million ($2.56m) in the fourth quarter, as compared to a net loss of MYR 13.11m a year ago.
Its revenue for the quarter rose 15.33% to MYR 42.27m from MYR 36.65m.
Despite the increase in the steel product and trading activity segment, the firm saw a decreas…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous