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Godo Steel Gets Y15.3B Pretax Profit In April-December 2005
Godo Steel Ltd won a pretax profit of nearly Y15.3 billion in its consolidated financial results for April-December 2005, up 54.5% from the same 2004 period.
Godo Steel announced consolidated results of Y84,571 million as sales, up 9.6% from the same 2004 period; Y14,443 million as operating profit, up 50.6%; Y15,260 million as pretax profit, up 54.4%; and Y14,025 million as net profit, up 84.3%.
The unit prices of steel products increased by Y9,200/ton at a time when ferrous scrap prices underwent no violent fluctuations.
For the whole of fiscal 2005 (April 2005-March 2006), the company keeps its estimates unchanged at Y115 billion in sales, Y18.5 billion in pretax profit, and Y15.5 billion in net profit.
last modified : Thu 02 Feb, 2006 [10:41]
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