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Trio-Tech CEO, S.W. Yong, Appointed Chairman of the Board Trio-Tech International (NYSE:TRT) today announced results for the fourth quarter and fiscal year ended June 30, 2023. S.W. Yong, CEO and newly elected Chairman said, "Challenging conditions in the global semiconductor industry had a significant impact on Trio-Tech's performance this past year, especially in the fourth fiscal quarter. Through proactive management of the business, we nevertheless maintained solid operating margins, significantly improved cash flow and delivered a profitable quarter and year. What's more, we enhanced our cash-rich balance sheet, reduced debt and increased shareholders' equity. A constant focus on i
4 - TRIO-TECH INTERNATIONAL (0000732026) (Issuer)
4 - TRIO-TECH INTERNATIONAL (0000732026) (Issuer)
4 - TRIO-TECH INTERNATIONAL (0000732026) (Issuer)
Trio-Tech International (NYSE:TRT) today announced financial results for the fourth quarter and fiscal year ended June 30, 2024. Fourth Quarter Results For the three months ended June 30, 2024 revenue increased 7% to $9,746,000 from $9,079,000 for the fourth quarter of fiscal 2023, reflecting a 60% increase in manufacturing revenue, a 30% increase in distribution revenue, and a 20% decrease in testing services revenue. Gross margin increased 17% to $2,685,000, or 28% of revenue, from $2,290,000, or 25% of revenue, for the same quarter last year. Income from operations increased 178% to $358,000 compared to $129,000 for the fourth quarter of fiscal 2023. Net income for the fourth quarter
$7.47 Book Value; $4.04 in Cash, Short-Term Deposits Per Share Trio-Tech International (NYSE:TRT) today announced financial results for the third quarter and first nine months of fiscal 2024. Fiscal 2024 Third Quarter Results For the three months ended March 31, 2024, total revenue increased 6% to $10,398,000 compared to $9,842,000 for same quarter last year. Manufacturing segment revenue increased 62% to $4,813,000, compared to $2,963,000 for the same quarter last year. Distribution segment revenue increased 51% to $1,783,000, compared to $1,179,000 for the same period last year. Testing Services segment revenue decreased 33% to $3,796,000 from $5,697,000 for the same quarter last ye
Shareholders' Equity Increases to $7.58 Per Share From $7.22 Per Share Trio-Tech International (NYSE:TRT) today announced financial results for the second quarter and first six months of fiscal 2024. Fiscal 2024 Second Quarter Results For the three months ended December 31, 2023, revenue decreased 2% to $12,202,000 compared to $12,390,000 for the same quarter last year, primarily related to a decline in revenue in the Company's testing services segment. The overall gross margin was $2,854,000, or 23% of revenue, compared to $3,335,000, or 27% of revenue, for the same quarter last year. Operating income was $677,000, or 6% of revenue, compared to $1,069,000, or 9% of revenue, for the
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Trio-Tech Intl (AMEX:TRT) reported quarterly earnings of $0.12 per share. This is unchanged from the same period last year. The company reported $12.20 million in sales this quarter. This is a 1.52 percent decrease over sales of $12.39 million the same period last year.
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