Steel & Tube warns of further hit to first-half profit

Steel & Tube Holdings says its first-half results will be hit by at least a $2 million charge for debt write-offs and provisioning with the board planning to review carrying values in February ahead of the results announcement. "The trading conditions in the first few months of the financial year... 

Read the full story at BusinessDesk 

https://businessdesk.co.nz/article/steel-tube-warns-of-further-hit-to-first-half-profit

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

July 8th Morning Report
Half-way predictions scorecard
SKT - Sky appoints new Chief Financial Officer
July 7th Morning Report
CDC Independent Valuation - 30 June 2025
TruScreen Group Limited SPP Update
THL provides updated guidance
CEN - Greymouth gas deal
July 4th Morning Report
July 3rd Morning Report