Dofasco's income nearly quadruples in 3d qtr.

Oct 27, 2004 | 05:53 AM |

Dofasco's income nearly quadruples in 3d qtr. Dofasco Inc., Hamilton, Ontario, said higher steel prices, a strong operating performance and robust steel demand contributed to record earnings in the third quarter.

The company posted net income of Canadian $115 million ($93.2 million), nearly quadruple the C$29.7 million ($24.3 million) recorded in the third quarter of last year, on sales that jumped 27 percent to $1.09 billion.....





Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results