Northwest Pipe reported net profit of $9.67 million on sales of $118.5m in Q2, up from $2.13m on sales of $73.8m in Q2 2021, reports Kallanish.
On-year, Q2 income increased 353%, while sales increased 60.6%.
Northwest Pipe also reports severe weather damage to some of its facilities and expects revenue to be slightly down from Q2 to Q3.
“For the third quarter of 2022, our underlying Steel Pressure Pipe business is on track to generate similar re…
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