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0.0445348976415659 0.0445348976415659 0.0445348976415659 0.0160122111816114 0.00263378426912484 0.0241829282892374 0.0241829282892374 0.0241829282892374
Stock impact report

Trio-Tech First Quarter Net Earnings Per Diluted Share Increased to $0.07 versus $0.02

Trio-Tech International (TRT) 
NASDAQ:AMEX Investor Relations: triotech.com/ind_rel.htm
Company Research Source: Business Wire
VAN NUYS, Calif.--(BUSINESS WIRE)--Trio-Tech International (NYSE MKT: TRT) announced today that net income for the first quarter of fiscal 2020 more than quadrupled to $273,000, or $0.07 per diluted share, compared to $65,000, or $0.02 per diluted share, for the first quarter of fiscal 2019.Total revenue for the three months ended September 30, 2019 decreased 2% to $9,823,000 compared to revenue of $10,045,000 for the first quarter of fiscal 2019. Manufacturing revenue decreased 9% to $3,317,000 from $3,637,000 last year, primarily related to a decline in orders at Trio-Tech’s Singapore operations. Semiconductor testing services revenue decreased 1% to $4,390,000 compared to $4,437,000 last year, reflecting lower orders in Malaysia and China. Distribution revenue increased 8% to $2,099,000 compared to $1,944,000 in the first quarter last year, driven by an increase in orders from customers in Singapore.Gross margin improved for all three of our major business segments for the firs Show less Read more
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