Kinsteel Bhd reported a smaller pre-tax loss of RM25.76 million for the third quarter ended Sept 30, 2011 compared with a pre-tax loss of RM49.29 million registered in the same quarter last year. Revenue increased to RM403.77 million from RM360.07 million raked in the same quarter last year, Kinsteel said in filing to Bursa Malaysia.
The group is optimistic its concentration and pelletising plant would
significantly reduce production cost and enable it to position itself more
competitively, going forward. -- Bernama
The group is optimistic its concentration and pelletising plant would
significantly reduce production cost and enable it to position itself more
competitively, going forward. -- Bernama
