WCS International Shows Net Gain for Fiscal Year

WCS International reported net income of $1.5 million for its fiscal year ended July 31, contrasted with a net loss of $223,376 for the prior fiscal year.

The Anaheim-based scrap metal exporter said revenue for the year totaled $31.4 million, contrasted with revenue of $13.5 million for the previous year.

The company attributed the gains to an increased market share.