Steel & Tube blames new data tool for revised 2018 earnings
'Enhanced data collection’ compelled the company to review its FY18 earnings.
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Due to new data about its inventory, Steel & Tube has reviewed its earnings from 2018 down $4 million, impacting its 2019 earnings as well – but not its expectation to pay dividends.
Rolling out its enterprise resource planning (ERP) system last year supplied the Lower Hutt-based company with
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