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Steel and Tube forecasts steep fall in year-on-year earnings

The building products firm is forecasting pre-tax earnings to fall by half on a year ago but its chief executive expects strong earnings growth will return to previous levels as demand improves.

Steel & Tube FY23 Results Announcement - sharechat co nz

Steel & Tube FY23 Results Announcement - sharechat co nz
sharechat.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sharechat.co.nz Daily Mail and Mail on Sunday newspapers.

Steel & Tube posts reduced profit, but near top end of guidance

The company said it was a solid result with no bank debt and a positive cash balance.

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