On Tuesday, Titon Holdings (LSE: TON) reported its slightly delayed finals to Y/E September. The delay was to allow the Auditors more time to check the books of its South Korea, subsidiary which has been facing challenging conditions. Titon Korea's (51% owned) revenue fell 27% because of the continued slowdown in residential construction activity and delays in projects, the impact of the pandemic and supply chain issues. Elsewhere business is improving as Revenue increased 13% from last year to £23.4m with gross profit margins increasing to 31.4% to give a PBT of just over £1m...
