For the third quarter of its fiscal year, T.J.T. Inc. announces net profits of $11,969 on net sales of $1,522,014, a turn around from its net loss of $7,114 reported April 13, 2015 for the previous quarter. As businesswire tells MHProNews sales for this quarter were comparable to Q3 of last year when they hit $1,528,135.
The supplier of axles, tires, and set-up materials to the manufactured housing industry reports net sales of axles and tires rose 11 percent quarter over quarter, from $914,022 one year ago to $1,016,198, while accessories fell from $613,213 a year ago to $505,816 this most recent quarter.
Based in Emmett, Idaho, CEO Terry Sheldon said, “The higher level of sales which the company generated last year is being maintained in the current competitive environment. Our efforts to reduce SG&A expenses over the prior year have produced positive results. Our team of dedicated employees at TJT continues to work diligently to provide the highest quality products and services to our customers. We look forward to reporting results for the fourth quarter.”
The company serves eight western states through recycling facilities in Idaho and California, and sells aftermarket supplies to the manufactured housing (MH) and recreational vehicle (RV) markets. ##
(Image credit: T.J.T., Inc.)
Article submitted by Matthew J. Silver to Daily Business News-MHProNews.