AK pins quarterly loss on natural gas costs
Oct 25, 2005 | 12:31 PM
Higher natural gas costs helped push AK Steel Corp. into the red during the third quarter despite a 4.2-percent increase in sales.AK STEEL CORP.(in thousands except per share) 200520043rd qtr. ended Sept. 30Net sales$1,393,300$1,337,300Net income (loss)-$29,000$83,100Per shareâ€”0.769 months ended Sept. 30Net sales$4,270,400$3,783,500Net income$39,200$341,200Per share0.353.13The Middletown, Ohio,-based company reported a net loss of $29 million for the three months ended Sept. 30 on sales of more than $1.39 billion vs. net income of $83.1 million on sales of....
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