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Lee Metal acquisition lifts BRC Asia's FY18 profit

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Published Fri, Nov 23, 2018 · 09:50 PM

Singapore

THE completed acquisition of Lee Metal by BRC Asia boosted BRC Asia's net profit for its full fiscal year, the seller of reinforcing steel bars said on Friday.

But looking ahead, the firm warned of subdued profit margins, given the "mixed picture" for the reinforcing steel industry.

brc asia

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