CSBC Corporation has realized the sale revenue of TWD 2.851 billion in November 2011, surged by 29% MoM from October 2011 and soared by 20.8% YoY, toughing the highs level of past 33 months.

Besides, the firm's accumulative sales revenues in the first months of 2011 reached TWD 26.323 billion, increased by 11% YoY.

Furthermore, CSBC expected that its profits in the Q4 would rise, supported by the decreased steel ship plate prices of China Steel Corporation.

It's known that CSC cut the list prices of ship plate by TWD 1,000 per tonne for next Q1 and it traced the prices cut of TWD 500 per tonne for this Q4.

Thus, CSBC will be able to save production costs of TWD 70 million from this Q4 to next Q1, helping the firm to gain profits.

(Sourced from www.yieh.com)