TTJ's net profit down 2% to $4.2m in Q1

Blame it on forex losses.

TTJ Holdings reported that its net profit dropped 2% to $4.2m in the first quarter of FY16, dragged by higher forex losses.

However, its revenue rose 4% to $25.6m on back of higher sales from its structural steel business.

The group's order book stood at $126 million as of December 7.
 

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