03:56 PM EST - Lakeside Steel Inc. : said Monday that its fourth-quarter revenue increased 29.8% year-over-year to $43.59 million. For the year ended March 31, 2010, the company's revenue was $104.44 million, a decrease of 49.5% compared to revenue of $206.93 million for the year ended March 31, 2009. The company's net loss for the year ended March 31, 2010, was $13.1 million, compared to net income of $6.5 million in the prior fiscal year. Lakeside Steel Inc.
shares V.LS are trading up $0.005 at $0.35.
