PETALING JAYA: Metallurgical coke processor Sino Hua-An International Bhd has regained its profit margin levels after raising product prices to adjust for record costs of coking coal, its raw material.
The group encountered a slight drop in gross profit margin to 21.3% in its fourth quarter ended Dec 31, 2007 from 22.8% in the preceding quarter “due to a sudden spike in coal prices in December,” executive director Cedric Choo told StarBiz recently.
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