Better results by CSC Steel in FY21

For the year in review revenue rose to RM1.47bil from RM1.08bil in FY20, driven by a rise in steel prices.

PETALING JAYA: CSC Steel Holdings Bhd saw its net profit jump more than two-fold to RM86.09mil in the financial year ended Dec 31, 2021 (FY21) from RM37mil in FY20 on improved product margin.

For the year in review, the steel coil maker’s revenue rose to RM1.47bil from RM1.08bil in FY20, driven by a rise in steel prices.

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