Tuesday, 11 October 2016

Live Share Market:The steel specialist that is steeling itself for challenges ahead .

Image result for TTJ Holdings

SINGAPORE (Oct 11): Mainboard-recorded TTJ Holdings, which cases to be one of the biggest auxiliary steel fabricators in Singapore, is steeling itself for difficulties ahead. 

The Group's net benefit took off by 66% y-o-y to US$19 million ($26 million) in FY16 on the back of 45% y-o-y development in income to US$100 million ($137.8 million). 


This was chiefly because of a 59% y-o-y increment in its auxiliary steel business, which represented 86.4% of TTJ's deals in FY16.

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