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30 Jul
20:16

Tree Island sees on-year gains in second quarter

Canadian steel wire producer Tree Island Steel experienced on-year gains in both the first half and second quarter of fiscal 2020, Kallanish reports In the second quarter, Tree Island recorded a net profit of $1.1 million on sales of $50.47m, up from a loss of $535,000 on sales of $52.62m in Q2 2019. In the first six months of fiscal 2020, Tree Island saw a net profit of $2.92m on sales of $108.46m, up from a loss of $1.63m on sales of $105.56m in the first six m…
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