(Reuters) - The Canadian steelmaker, which is on the auction block,
said it lost C$41 million, compared with a loss of C$39 million
a year earlier. The company did not provide a per-share
figure.
Excluding the charges, and also factoring out a C$30
million foreign exchange gain on long-term debt, Stelco turned
a profit before income taxes of C$5 million, it said.
Read more at Reuters.com Mergers News
said it lost C$41 million, compared with a loss of C$39 million
a year earlier. The company did not provide a per-share
figure.
Excluding the charges, and also factoring out a C$30
million foreign exchange gain on long-term debt, Stelco turned
a profit before income taxes of C$5 million, it said.
Read more at Reuters.com Mergers News
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