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.