Steel Manufacturer Reports 52% Jump In Pre-tax Profits As Sector's Recovery Beds In
And turnover at Castlewellan-based Walter Watson Ltd also jumped by around 25% during 2016 - from £45m
Bad debts were also down, although competitive pricing was a challenge, the firm said.
However, the firm said it was hopeful that gradual recovery in the construction sector would continue.
Walter Watson Ltd also made charitable donations of £1m for communities in the areas it works.
Employee numbers also grew from 221 to 247.