Feng Hsin has announced its financial report for the first three quarters of 2011.

Its accumulative sales revenue for first three quarters was TWD 28.479 billion and its accumulative before tax sales profit was TWD 2.668 billion.

At the same time, Tung Ho Steel, Taiwan's major H beam producer reported its accumulative sales revenue for first three quarters was TWD 28.87 billion and its accumulative before tax sales profit was TWD 2.584 billion, higher than that in the same period of 2010.

Furthermore, Tung Ho Steel said its shipping volumes in October will be higher than in September and it believed its Q4 sales will be better than Q3.

(Sourced from www.yieh.com)