Vina Kyoei Steel Reports US$10 Mln Profits

3:28:57 PM | 4/1/2008

Vina Kyoei Steel Co Ltd (VKS) last year sold 340,000 tons of steel in the Vietnamese market and made a profit of US$10 million, the Vietnam News Agency reported Thursday.
 
The company now plans to focus on technological innovation and renewing their warehouse, with aspirations to produce 350,000 tons of steel this year.
 
VKS was established in 1994 as a joint venture company between Kyoei Steel Ltd, Mitsui Co Ltd and Itochu Corporation in Japan, and Vietnam Steel Corporation. (VNA)