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01 Jun
19:31

Webco profits from 232 tariffs

Specialty tubing manufacturer Webco Industries saw an uptick in both profits and sales in its fiscal third quarter, Kallanish learns from the company’s quarterly earnings review. For the fiscal third quarter ended 30 April, Webco produced a net profit of $5 million on sales of $127.3m. In fiscal Q3 2017, the company earned $1.3m on sales of $98.3m. “Volumes and margins are improved in many product groups, due to a better domestic industrial econom…
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