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Steel & Tube back in the green but not satisfied

Profit up more than $40m was still below expectations.

Andrew Bevin Fri, 23 Aug 2019

Steel & Tube has staged a comeback of sorts, posting a profit of $10.4 million for the year to March 31, compared with a dismal loss of $32m in the 2018 financial year.

Over recent years, the company has been embroiled in a steel mesh scandal, fended off a takeover attempt by Fletcher Building,

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Andrew Bevin Fri, 23 Aug 2019
Contact the Writer: andrew@nbr.co.nz
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Steel & Tube back in the green but not satisfied
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