POSCO-Thainox's cold-rolled stainless steel sales drop in Q1
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Update time : 2020-08-10 21:22:09
POSCO-Thainox reported that its revenue from cold-rolled stainless steel sales and services in the first quarter of this year dropped by around 19.3% year on year to roughly THB 3.13 billion due to a year-on-year decline in sales and average selling price.
Because the firm’s gross profit decreased during the period, the net losses attributable to shareholders reached approximately THB 54.29 million, which increased by nearly 28% compared to the same period a year ago.
