ArcelorMittal's 3Q Had Less Net Income For Two Consecutive Quarters

摘要

ArcelorMittal announced its third quarter (July - September) 2011 results. According to the report, for the quarter, the company had sales of 24,214 million US dollars (up 22.6% from the same quarter the previous year), operating income of 1,168 million US dollars (up 13.6%, same), net income of 659 million US dollars (down 51.2%, same). Although both sales and operating income increased from the same quarter a year ago, net income declined for two quarters in a row.