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Taiwan's China Steel Corp. posts profit decline in December

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Publish time: 24th January, 2014      Source: ChinaCCM
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Taiwan's China Steel Corp. (CSC) posted its sales revenue of NT$29.112 billion in December, down by 2% M-O-M.

The company's operating profit was NT$1.556 billion, down by 22% M-O-M.

CSC's shipments of carbon steel products in December totaled 749,000 tons, up by 3.6% from 723,000 tons in the previous month.

CSC booked losses of NT$400 million for a possible legal expense by a subsidiary.