Stelco reports earnings down 74% in Q3 due to lower steel prices, inflation

  • 📰 SooToday
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 85%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Company says its revenue decrease was primarily due to a 36 per cent decline in average selling price per net ton

HAMILTON — Stelco Holdings Inc. says its net earnings for the third quarter ended Sept. 30 were down by almost 74 per cent year-over-year to $158 million, or $2.33 per diluted share.

The company’s revenue was $217 million for the quarter, down 38 per cent from last year and down 18 per cent from the second quarter.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 8. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Stelco reports earnings down 74% in Q3 due to lower steel prices, inflation - BNN BloombergStelco Holdings says its net earnings for the third quarter ended Sept. 30 were down by almost 74 per cent year-over-year to $158 million, or $2.33 per diluted share.
Herkunft: BNNBloomberg - 🏆 83. / 50 Weiterlesen »

Style Q&A: Vancouver-based hat company shines spotlight on mental healthLike most entrepreneurs, Ben Miller\u0027s goal is for everyone in the world to own a product from his brand, WIRTH Hats.
Herkunft: calgarysun - 🏆 63. / 52 Weiterlesen »

Style Q&A: Vancouver-based hat company shines spotlight on mental healthLike most entrepreneurs, Ben Miller\u0027s goal is for everyone in the world to own a product from his brand, WIRTH Hats. So does the alphabet mafia.
Herkunft: OttawaCitizen - 🏆 21. / 68 Weiterlesen »

Our Time: Local company raises awareness about gut health
Herkunft: NTVNewsNL - 🏆 54. / 59 Weiterlesen »