Novamerican Profits Decline in First Quarter

April 2006
Metal Center News;Apr2006, Vol. 46 Issue 4, p59
Trade Publication
The article reports that the Novamerican Steel Inc. has incurred reduced earnings in the first quarter of 2006, but managed to post its 33rd consecutive profitable quarter for the three months ending in February 2006. Net income for the first quarter of 2006 was down 12.4 percent in comparison to the previous year, while sales were also in a decline during the same period.


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