RHI’s H1 profit drops 98%
Published: Tuesday, 04 August 2009
H1 2009 revenue falls by a quarter as steel business slumps 34.9% on poor demand
Leading Austria-based refractories producer, RHI AG,
recorded a 25.1% fall in revenue during H1 2009; with sales of
604.5m. ($870m.), down from 806.8m. in the first
half of 2008. The companys profits also took a hit
falling 98.8% to 2.3m....