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21 Mar
12:46

Worthington Industries records fiscal third-quarter profit dip

US flat-rolled processor and pressure cylinder fabricator Worthington Industries saw its profits fall in the fiscal third quarter, Kallanish learns from a company statement. The company earned $26.8 million in the quarter ended 28 February on sales of $874.4m. In fiscal Q3 2018, the company earned $79.1m on sales of $841.7m. Though sales were up 4% on year, fiscal Q3 witnessed a pre-tax charge of $13m related to hydrogen fuel tank replacements and inventory c…
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