Brief: Steel & Tube Says Economic Conditions To Remain Challenging In Short Term

Steel & Tube Holdings

19/02/2024 20:51

Feb 20 (Reuters) - Steel & Tube Holdings Ltd  STU.NZ :
    * ECONOMIC CONDITIONS TO REMAIN CHALLENGING IN SHORT TERM
WITH
SOME EASING OF MACRO TRENDS SUPPORTING INCREASED ACTIVITY FROM
Q4 FY24
    * DECLARE A 1H24 FULLY IMPUTED DIVIDEND OF 4 NZ CENTS PER
SHARE
    * HY REVENUE NZ$261.8 MILLION, DOWN 17%
    * HY REVENUE FROM CONTINUING OPERATIONS NZ$261.8 MILLION,
DOWN
17.0%
    * HY NET PROFIT FROM CONTINUING OPERATIONS NZ$5.3 MILLION,
DOWN
54.8%

Source text for Eikon:  ID:n426451-6 
Further company coverage:  STU.NZ