Tuesday, March 8, 2016

TTJ Holdings 2QFY2016 earnings surge 40%

TTJ Holdings' earnings in 2Q jumped 40% y-o-y to  $5.41 million, on higher revenue and the absence of other losses.

Revenue rose 4% to $28.56 million owing to higher contributions from its structural steel business.

For 1HFY2016, earnings rose 18% to $9.53 million. Revenue rose 4% to $54.16 million.

The stock closed 3.6% higher at 28.5 cents.

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