Tuesday, May 10, 2005
Stelco reports results for first quarter 2005
Stelco press release
Stelco Inc. today reported net earnings of $49 million ($0.48 per common share) in the first quarter ended March 31, 2005. This record level of first quarter earnings for the Company is compared to a net loss of $37 million ($0.36 per common share) in the first quarter of 2004 and net earnings of $1 million ($0.01 per common share) in the fourth quarter of 2004.
Stelco Inc. today reported net earnings of $49 million ($0.48 per common share) in the first quarter ended March 31, 2005. This record level of first quarter earnings for the Company is compared to a net loss of $37 million ($0.36 per common share) in the first quarter of 2004 and net earnings of $1 million ($0.01 per common share) in the fourth quarter of 2004.
Labels: stelco
