From Emmett, Idaho businesswire informs MHProNews of the Q2 fiscal year results for T.J.T. Inc., a provider of axles, tires and set-up materials to the manufactured housing industry. Net sales rose 14 percent from $1,266,699.00 in the same quarter last year to $1,440,024 this quarter. Sales resulted in a net loss for the quarter of -$7,114.00, $0.00 per diluted share.
Net sales of axles and tires rose 18 percent quarter-over-quarter, while net sales of accessories increased four percent. T.J.T. operates recycling facilities in Idaho and California, serving eight states. Additionally, the company also sells aftermarket products to the manufactured housing, recreational vehicle and residential markets.
CEO Terry Sheldon said, “While our results were affected to some extent by seasonal factors, we look forward to improved results as the year progresses. Our team of dedicated employees at T.J.T. continues to work diligently to provide the highest quality products and services to our customers.” ##
(Image credit: T.J.T., Inc.)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.