24
Nov
01:12
Lysaght Galvanized posts higher profit amid higher revenue
Malaysian steel firm Lysaght Galvanized Steel has posted higher net profit in the third quarter, in tandem with higher revenue, Kallanish notes.
The group says in a statement that its net profit jumped 38.6% to MYR 2.96 million ($630,000) in the third quarter from MYR 2.13 million a year earlier.
The group’s revenue for the quarter also rose 25.99% to MYR 24.27m from MYR 19.26m.
For the nine-month period, the group’s net profit also surged 53.67% to …
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Anonymous
Very good overview of the weekly steel market.
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