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Reportedly, Malaysia Steel Works (KL) Bhd has just posted a RM-7.55-million pre-tax profit for the third quarter, decreasing by 57% from the same period of 2011.The company said the profit shrinkage was mainly caused by the higher input cost and lower selling prices, though the company showed optimistic of the performance for the whole year.Actually, the company's revenue for the third quarter was improved to RM312.93 million from 2011's RM300.31 million.