China Armco’s 1st-qtr. sales fall 70.9%
May 20, 2013 | 11:31 AM
| Sean Davidson
NEW YORK China Armco Metals Inc.s revenue took a hit in the first quarter as metal ore trading declined dramatically, although the company managed to narrow its net loss compared with the same year-ago period.
The San Mateo, Calif.-based company posted a net loss of $1.09 million for the three months ended March 31, down 34.4 percent from a $1.67-million net loss logged in the same 2012 quarter, on revenue that fell 70.9 percent to $14.3 million from $49.3 million, the company said May 15.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.