China Steel Presents Preliminary Result for October
OREANDA-NEWS. November 19, 2013. 1. The preliminary consolidated operating revenues in October 2013 totaled NTD29,691 million, with an increase of 3% MoM.
The consolidated operating income reached NTD2,445 million, with an increase of 1% MoM. The preliminary consolidated income before income tax totaled NTD2,251 million, with an increase of 1% MoM.
2. Starting January 2013, the Company only releases financials on consolidated basis in compliance with regulations amended by competent authorities.
3. Information for the Company's carbon steel sales volume (non-consolidated basis) is as follows:
The sales volume of carbon steel in October 2013 totaled 853,598 tones, with 63% of domestic sales. Accumulated sales volume of carbon steel as of October 2013 totaled 8,004,090 tones, with 65% of domestic sales.
4. The company has publicly announced and reported the consolidated financial statements for Q3 2013 that have been reviewed by independent accountants and reported to the board of directors.
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