TTJ nets stronger bottom line in Q3

Singapore

BOOSTED by higher revenue and fatter profit margins, structural steel specialist TTJ Holdings reported a net profit of S$13.41 million for the third quarter ended April 30, 2016, up from S$1.6 million in the corresponding quarter a year ago.

Revenue surged 262 per cent year-on-year to S$53.75 million, thanks to increased contributions from its structural steel business.