The Company also designs and produces concrete railroad products, insulated rail joints, power rail, track fasteners, coverboards, signaling and communication devices and special accessories for mass transit and other rail systems worldwide. For the construction industry, the Company sells and rents steel sheet, H-bearing and pipe piling for foundation and earth retention requirements. For tubular markets, the Company supplies pipe coatings for natural gas pipelines and utilities. The Company also produces threaded products for industrial water well and irrigation markets. Revenues reflect increased sales volume.
Net loss reflects lower gross margin and higher selling and administrative expenses.
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