Hot search: All-ways  Design  economy  E-commerce  Insurance  Industrial  export  big  Global  Development 
 
Home > News > Economy > Content

Tata Steel's Profit After Tax for The Second Quarter Falled by 6% Year on Year

increase font size  reduce font Add date: 2016-11-26  Hits:116
Core prompt: Reportedly, global steel giant Tata Steel’s profit after tax for the second quarter is seen down by 6% year on year to US$36.

Reportedly, global steel giant Tata Steel’s profit after tax for the second quarter is seen down by 6% year on year to US$36.6 million, citing to the weakening EU market.

For India market, Tata Steel’s sales for the second quarter are seen to increase by 4% to 1.65 million tons, and the EBITDA margin is seen to at 8.9%.

Also, it is facing profit pressure in the European market, where average steel prices have declined by 7% quarter on quarter in the second quarter of the fiscal year 2012/13.

 

 

 
 
[ NewsSearch ]  [ Send Fav ]  [ Share ]  [ Print ]  [ Send Report ]  [ Close ]

 
Total0bar [View All]  Related Comments

 
Photo Recommended
Recommend News
Click Rank
 
Home | Products | Suppliers | News | Tradeshow | Sitemap | Message | RSS Feed