TTJ Q1 profit falls 81% on weaker sales

Published Wed, Dec 6, 2017 · 09:50 PM

Singapore

STEEL company TTJ Holdings on Wednesday reported an 81 per cent fall in net profit for its fiscal first quarter on weaker sales.

Net profit for the three months ended Oct 31, 2017 stood at S$760,000, compared to S$4.08 million a year ago. This translated to earnings per share of 0.22 Singapore cent, down from 1.17 Singapore cents.

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