Home Capital Results

TTJ Holdings posts double-digit earnings and revenue growth for FY16

Benjamin Cher
Benjamin Cher9/26/2016 06:50 PM GMT+08  • 2 min read
TTJ Holdings posts double-digit earnings and revenue growth for FY16
SINGAPORE (Sept 26): TTJ Holdings posted a 66% rise in earnings to $25.8 million for FY16 ended July from $15.5 million a year ago.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Sept 26): TTJ Holdings posted a 66% rise in earnings to $25.8 million for FY16 ended July from $15.5 million a year ago.

Full-year revenue rose 45% to $136.6 million from last year due to more work completed for on-going projects as well as more large-scale projects of higher contract value. This was however offset by the dormitory business, which declined 6% to $18 million due to lower occupancy rates.

While private sector construction growth has slowed, TTJ expects public sector-led construction demand to continue as its main growth driver.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now