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TTJ posts 19% rise in 2Q earnings to $3.7 mil

Stanislaus Jude Chan
Stanislaus Jude Chan3/7/2018 06:14 PM GMT+08  • 2 min read
TTJ posts 19% rise in 2Q earnings to $3.7 mil
SINGAPORE (Mar 7): Structural steel specialist TTJ Holdings saw its earnings rise 19% to $3.7 million for the 2Q ended January, from $3.1 million a year ago.
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SINGAPORE (Mar 7): Structural steel specialist TTJ Holdings saw its earnings rise 19% to $3.7 million for the 2Q ended January, from $3.1 million a year ago.

Revenue grew 32% to $26.5 million in 2Q18, from $20.0 million a year ago. The increase was mainly contributed by its structural steel business.

Gross profit margin fell 6.3 percentage points to 19.9% in 2Q18. This was mainly due lower projects executed and contribution from its higher-margin dormitory business.

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