Moro Corporation Announces Earnings Results for the First Quarter Ended March 31, 2018

Moro Corporation is a diversified company specializing in the acquisition and management of distribution, manufacturing and construction services/oriented businesses serving niche markets. It operates through two segments: construction materials division and construction contracting division. The construction materials division fabricates reinforcing steel (also known as rebar) and distributes construction accessories. The products are primarily sold to concrete contractors who use the products as a component in the construction of roads, bridges, buildings, and other structures. The construction contracting division provides sheet metal ductwork, heating, ventilating and air conditioning (HVAC), plumbing and process piping, industrial electrical products (high voltage, fiber optics, building controls), contracting services as a subcontractor or as a prime contractor. This division has its own facilities for the fabrication of sheet metal ductwork, and miscellaneous steel products.