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Major projects boost earnings at structural steel firm TTJ

Published on Mar 12, 2014 9:50 PM

The Tuas West MRT extension depot and other major projects lifted second-quarter earnings at mainboard-listed structural steel specialist TTJ Holdings on Wednesday.

Net profit climbed 28 per cent to $5.3 million for the three months ended Jan 31 this year from the preceding year.

Revenue also rose by 28 per cent to $41.1 million for the quarter, compared with the preceding year.

The company said the revenue growth was mainly due to several major projects, including the Lanxess Compass Project and Nalco's Eastern Hemisphere Core Plant.

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