China Steel Corporation Presents Sales Results for 9M
OREANDA-NEWS. October 24, 2011. The sales volume of Q3 2011 reached 2.297 million tons, while operating revenue achieved NTD 61.87 billion and the pretax profits achieved NTD 5.40 billion, reported the press-centre of China Steel.
Comparing to the operating revenue NTD 63.63 billion and pretax profits NTD 9.99 billion of Q2 2011, operating revenue decreased by NTD 1.76 billion and earnings decreased by NTD 4.59 billion, Primary reasons include reduced sales volume, increasing raw material costs of iron ores and coals, and decrease in gains from equity investment.
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