TMCnet News

Trio-Tech International's Second Quarter Results Showing Slowed Growth: Analyst Report Issued by BrokerBank Securities, Inc.
[April 17, 2015]

Trio-Tech International's Second Quarter Results Showing Slowed Growth: Analyst Report Issued by BrokerBank Securities, Inc.


NEW YORK, April 17, 2015 /PRNewswire/ -- Trio-Tech International (NYSEMKT: TRT) was incorporated in the United States, and is headquartered in Van Nuys, California. The Company operates a multi-faceted organization which deals with five business segments: manufacturing, testing services, equipment distribution, real estate, and fabrication services. The firm operates internationally in Singapore, Malaysia, Thailand, and China as well as their domestic operations in the States.

The Company closed on Tuesday at a price of $3.01, recording a loss of -4.55% with a volume of 44,000 over five times the average volume (3M) of 7,000. The Company which reported positive net income for the first time in past years can attribute their stronger earnings to expanded operations within their Asian subsidiaries. For the 2014FY ending June 30,2014, the Company reported their operating loss shrunk to $2,000 vs. losses of $861,000 in FY 2013.

For a more in-depth look at Trio-Tech International including a financial analysis and analyst recommendation please follow the link below. There is o cost obligation to view this report.



http://bit.ly/-TRT-AnalystReport

Copy and paste to browser may be required.


This report was prepared for informational purposes only.  Affiliated parties involved with producing and issuing this report have not been compensated in any form by profiled company.  A full disclaimer can be found by viewing the full analyst report.

FORWARD-LOOKING DISCLAIMER   

This report may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of mentioned company to be materially different from the statements made herein.  

COMPLIANCE PROCEDURE   

Content is researched, written and reviewed on a best-effort basis. This document, article or report is written and authored by Evan Chung, CFA Candidate. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below. We do not engage in high frequency trading.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

BrokerBank Securities, Inc. is a member of the Financial Industry Regulatory Authority, CRD number #130116.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/trio-tech-internationals-second-quarter-results-showing-slowed-growth-analyst-report-issued-by-brokerbank-securities-inc-300067637.html

SOURCE BrokerBank Securities, Inc.


[ Back To TMCnet.com's Homepage ]