Thursday 2 February 2012

Southern steel declines on Q2 loss

Southern Steel Bhd. (SSB MK) slid 4.9 per cent to 1.95 ringgit, bound for its steepest decline since Sept. 27. The steel producer posted a second-quarter net loss of 5.53 million ringgit, it said in a filing to the exchange. It didn’t provide year-earlier figures because of a change in its financial calendar. -- Bloomberg



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