Steel and Tube Holdings' annual net profit for 2009-10 will be sharply lower than the previous year's because of low demand, volatile steel prices and intense competition, market analysts say.
The company, which is due to report its result for the year t
Jamie Gray Wed, 11 Aug 2010
Steel and Tube Holdings’ annual net profit for 2009-10 will be sharply lower than the previous year’s because of low demand, volatile steel prices and intense competition, market analysts say.
The company, which is due to report its result for the year to June 30 on Thursday, has suffered greatly
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