China Steel Corporation Reports on 1Q Results
OREANDA-NEWS. April 22, 2011. The sales volume of Q1 2011 reached 2.29 million tons, while operating revenue achieved NTD56.51 billion and the pretax profits achieved NTD7.32 billion, reported the press-centre of China Steel.
Comparing to the operating revenue NTD61.72 billion and pretax profits NTD6.14 billion of Q4 2010, operating revenue decreased by NTD5.21 billion but earnings increased by NTD1.17 billion.
More gains from investments under equity method resulted in the growth of profits.
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