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TTJ Holdings’ 1Q16 Net Profit Slips 1.7%
Daily Bulletin | 08 December 2015
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Despite a 3.6 percent increase in revenue to $25.6 million underpinned by stronger performance in the structural steel business, TTJ Holdings’ 1Q16 net profit slipped 1.7 percent to $4.1 million.

While administrative expenses shrank 31.9 percent due to a decrease in staff related cost, other losses increased by $1.3 million mainly due to increase of foreign exchange losses, which more than offset the top line gain.

As at 7 December 2015, the group’s projects order book stood at $126 million which it expects to substantially complete between FY16 and FY18.

TTJ Hldgs  0.220 +0.010 +4.76%   
Business: Co mainly engages in the structural steel business and operates dormitories in S'pore. [FY18 Turnover] Structural steel (98.8%), others (1.2%).

Insight: Dec-18, 1Q19 revenue jumped 39.5% to $19m mainly d... Read More


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