Steelmaker Ternium posts tenfold profit leap in fourth quarter

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MEXICO CITY, Feb 20 (Reuters) - Steelmaker Ternium reported a fourth-quarter net income of $414 million, a more-than-tenfold leap compared to the same period in 2022, the company announced in a statement on Tuesday.

Company revenue, meanwhile, rose 39% to $4.93 billion during the October-to-December period. (Reporting by Kylie Madry; Editing by Brendan O'Boyle)

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