Market News
Taiwanese CSC’s revenue rises in 2017
China Steel Corporation (CSC), the largest carbon steel manufacturer in Taiwan, announced its consolidated revenue for last year of around NT$347 billion, increasing by 18% compared to last year. The pre-tax profit was around NT$23.4 billion, up by 7% compared to 2016. The earnings per share (EPS) still kept at the level of more than NT$1. CSC’s overall profitability was stable and dividends were also expected to remain steady in 2017.