Brief: Steel & Tube Holdings Declares Final Dividend Of 7.5 NZ Cents Per Share

Steel & Tube Holdings

21/08/2022 21:37

Aug 22 (Reuters) - Steel & Tube Holdings Ltd  STU.NZ :
    * DECLARES FINAL, PARTIALLY IMPUTED, DIVIDEND OF 7.5 NZ
CENTS PER
SHARE
    * FY TOTAL NET PROFIT NZ$30.2 MILLION, UP 96.4%
    * FY REVENUE FROM CONTINUING OPERATIONS NZ$599.1 MILLION, UP
24.6%
    * PRICING EXPECTED TO REMAIN AT CURRENT ELEVATED LEVELS FOR
BALANCE OF CALENDAR YEAR
    * AS SHIPPING AND SUPPLY CHAIN CONGESTION EASES, INVENTORY
COVER
LEVELS ARE EXPECTED TO REDUCE

Source text for Eikon:  ID:nNZW1yJb0d 
Further company coverage:  STU.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))