Tjt Inc (AXLE) 0.2710 $AXLE
T.J.T., Inc. Reports Results for Q3 Fiscal 2015
BusinessWire - Thu Jul 16, 3:51PM CDT
T.J.T., Inc. (the Company), OTC Markets: AXLE - T.J.T., Inc., a supplier of axles, tires, and set-up materials to the manufactured housing industry, announced a third quarter net profit of $11,969 ($0.00 per diluted share) on net sales of $1,522,014.
T.J.T., Inc. Reports Results for Q4 and Fiscal Year 2014
BusinessWire - Thu Dec 11, 1:30PM CST
T.J.T., Inc. (the Company), OTC Markets: AXLE - T.J.T., Inc., a supplier of axles, tires, and set-up materials to the manufactured housing industry announced fiscal year income before taxes of $247,912 on net sales of $6,163,707. The fourth quarter income before taxes was $111,057 on quarterly net sales of $1,912,407. The Company, in consultation with its outside accounting firm, determined that a portion of the tax asset valuation allowance should be released. In consideration of all available evidence, the Company has determined that approximately one third of the tax asset is now more likely than not to be realized as future tax benefits. To this effect, $600,000 of the $1,789,000 allowance has been released. The yearly after tax earnings, which include the benefit of the partial tax asset allowance reversal, equate to a net income of $847,912, or $.19 per diluted share. The fourth quarter after tax earnings equate to a net income of $711,057, or $.16 per diluted share.
T.J.T., Inc. Reports Results for Q3 Fiscal 2015
BusinessWire - Thu Jul 16, 3:51PM CDT
T.J.T., Inc. (the Company), OTC Markets: AXLE - T.J.T., Inc., a supplier of axles, tires, and set-up materials to the manufactured housing industry, announced a third quarter net profit of $11,969 ($0.00 per diluted share) on net sales of $1,522,014.
T.J.T., Inc. Reports Results for Q4 and Fiscal Year 2014
BusinessWire - Thu Dec 11, 1:30PM CST
T.J.T., Inc. (the Company), OTC Markets: AXLE - T.J.T., Inc., a supplier of axles, tires, and set-up materials to the manufactured housing industry announced fiscal year income before taxes of $247,912 on net sales of $6,163,707. The fourth quarter income before taxes was $111,057 on quarterly net sales of $1,912,407. The Company, in consultation with its outside accounting firm, determined that a portion of the tax asset valuation allowance should be released. In consideration of all available evidence, the Company has determined that approximately one third of the tax asset is now more likely than not to be realized as future tax benefits. To this effect, $600,000 of the $1,789,000 allowance has been released. The yearly after tax earnings, which include the benefit of the partial tax asset allowance reversal, equate to a net income of $847,912, or $.19 per diluted share. The fourth quarter after tax earnings equate to a net income of $711,057, or $.16 per diluted share.
