Summary
SOARING raw material costs have sparked a huge fall in profits at new Teesside Cast Products owner SSI.
The Thailand steel giant saw operating profits slump 80.8% to 284m baht (pounds 5.7m) in the first three months of the year, while revenues were down 13.9% to 12bn baht (pounds 240m).See the full content of this document
Extract
Dramatic Fall in Profits for Tcp Owner
The decline was attributed to higher input costs, a 13% drop in sales of hot rolled steel...
See the full content of this document
Sponsored links
