Lasco Manufacturing Company is reporting a net profit of $618.3 million during the quarter ended June 30.
This is equivalent to 15 cents per share, with the company also reporting revenues of $2.9 billion for the period.
This was less than the net profit of $701 million (17 cents per share) generated on revenues of $3.2 billion during the corresponding period last year.
The company says these results were due to prevailing adverse geopolitical and trade issues.
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