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Steel & Tube returns to profit

The company had made a significant $60m loss last year.

Steel & Tube has returned to profit following a strong recovery in residential construction and infrastructure activity as well as significant cost reductions.

The NZX-listed steel products supplier said today its net profit after tax in the year to June 30, 2021, was $16.1 million: a

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Hamish McNicol Tue, 24 Aug 2021
Contact the Writer: Hmcnicol@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Steel & Tube returns to profit
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