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BRC Asia's full-year earnings hit record $35.7m
Published Tue, Nov 19, 2013 · 10:00 PM
THANKS to the booming local construction sector, prefabricated steel reinforcement provider BRC Asia's net profit more than doubled to $35.7 million, from $16.5 million, for the financial year ended Sept 30, 2013.
The figure - BRC Asia's highest net profit ever - was driven by record sales volumes and improved gross profit margins.
Revenue rose 9 per cent year on year to $425 million.
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