CSC Steel 2Q net profit up 21% on-year

CSC Steel 2Q net profit up 21% on-year

The Edge Markets - Malaysia·2019-08-26 13:50

KUALA LUMPUR (Aug 26): CSC Steel Holdings Bhd reported today a 21% rise in second quarter net profit at RM12.6 million from RM10.4 million a year earlier on higher cold-rolled steel (CRC) sales volume amid lower marketing and administrative expenses.

In a statement to Bursa Malaysia today, CSC said revenue rose to RM343.75 million in the second quarter ended June 30, 2019 (2QFY19) from RM342.53 million.

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