News Room - Steel Industry

CSC Steel Holdings Bhd posted a pre-tax profit of RM69.45 million for the financial year ended Dec 31, 2015 from a pre-tax loss of RM27.02 million.

Revenue was slightly lower at RM1.02 billion from RM1.05 billion previously.

For the fourth quarter, CSC Steel posted a pre-tax profit of RM36.1 million from a pre-tax loss of RM12.23 million on the back of lower revenue of RM242.54 million from RM261.51 million recorded for the same quarter in 2015.