28
Feb
05:36
Tashin returns to the black in Q4
Malaysian steel products maker Tashin has returned to the black in the fourth quarter, underpinned by an improvement in gross profit margin due to lower raw materials costs, Kallanish notes.
The firm says in a bourse filing that it posted a net profit of MYR 1.06 million ($220,000) in the fourth quarter, compared to a net loss of MYR 2.42m a year ago. The firm's revenue, however, slipped 3.91% to MYR 94.68m from MYR 98.53m. The firm saw lower averag…
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