It’s reported that Japan’s Kobe Steel released its financial result for the first quarter ended on June 30th of fiscal year 2013/14.
Kobe Steel posted a net profit of ¥18.72 billion for the given period of time, in comparison of a net loss of ¥32.22 billion in the same quarter of a year ago.
At the same time, the company realized consolidated net sales revenues of ¥418.62 billion, decreasing by 3.6% year on year.
Meanwhile, Kobe Steel produced 1.88 million tons of crude steel in the first quarter, decreasing by 13.25% year on year. Besides, the company’s sales volumes of steel products totaled 1.53 million tons, rising by 7% year on year.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=65609&division=A6
