Chile Expat and Travel Blog May Archive

Chile Steelmaker CAPBest Profits drops to 25 percent

05/02/09 22:12

A 75 percent decline on profits compared from a year earlier was announced by Chilean steel and iron ore producer, CAP, due to the direct impact of the global financial crisis going on. The company reported Chile's market regulators that then only reached a $15.1 million profit during the quarter which is far less than last year with the same period which is about $61.3 million which also the company's best ever profit. More on the link below

Link: UPDATE 1-Chile steelmaker CAP quarterly profit falls 75 pct | Reuters