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Taiwan's China Steel generates pre-tax income double last year's
Central News Agency
2013-12-14 10:26 PM
Kaohsiung, Dec. 14 (CNA) Taiwan's largest steel maker, China Steel Corp. (CSC), saw its consolidated pre-tax profit in the year through November double from the same period of last year to NT$22 billion (US$742 million), group chairman J.C. Tsou said Saturday. At the company's 42nd anniversary celebration at its Kaohsiung headquarters, Tsou attributed the company's good performance to hard work on the part of its employees, management team and the staff of all the group's affiliates.

Asking group executives to stay ambitious in the face of global competition, Tsou that although CSC is not the largest steel maker in Asia in terms of output, it continues to aim to be "the best in Asia." CSC's preliminary financial report showed consolidated operating revenues in the January-November period reached NT$31.87 billion. (By Cheng Che-fon and Elizabeth Hsu)

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