China Industrial Steel, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2013
For the six months, total revenues were $369.1 million against $322.6 million last year. Income from operations was $6.3 million against $11.0 million last year. Income from operation before income tax was $3.6 million against $7.9 million last year. Net income was $2.4 million or $0.03 per basic and diluted share as compared to $6.6 million or $0.09 per basic and diluted share for the prior year.