Hyundai Steel's sales margin rate got improved in the second quarter of 2012 in spite of debt crisis in euro zone and low priced steel product imports.
In the second quarter of 2012, Hyundai Steel realized sales revenues of KRW 3.8612 trillion, rising by 8.8% YoY; its operating profits were at KRW 3.338 hundred billion, soaring by 113.2% YoY and its net profits were at KRW 1.853 hundred billion, increasing by 17.7% YoY.
In the given period of time, the firm's sales margin rate was at 8.6%, much higher than 4.2% in the first quarter of 2012