BEIJING: China Steel Corp, the nation’s biggest steelmaker, yesterday said pre-tax profit last month surged to NT$1.55 billion (US$47.37 million), compared with March’s pre-tax profit of NT$899 million.
That brought the company’s total pre-tax profit in the first four months of this year to NT$2.38 billion, according to a company statement. The company lost NT$318 million before taxes in January. Revenue last month declined 7.44 percent to NT$22.88 billion from March’s NT$24.72 billion.
The firm’s carbon steel shipments last month fell to 957,813 tonnes, down by 6.33 percent from 1.02 milion tonnes shipped a month earlier.
