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Triumph Group Reports Net Income of $89.6 Million for Fiscal Year 2023

Triumph Group Reports Net Income of $89.6 Million for Fiscal Year 2023

Revenue Stands at $1.38 Billion, Triumph Group Inc. Releases its Financial Results

By USInMinutes
Published - Aug 02, 2023, 02:59 PM ET
Last Updated - Aug 02, 2023, 02:59 PM EDT

Triumph Group, Inc.(TGIDW), a leading aerospace compan y, has released its consolidated financial statements for the fiscal year ending on March 31, 2023. The company reported a net income of $89.6 million for the year. The total revenue for the fiscal year stood at $1.38 billion, demonstrating the company's resilience and steady performance amid the challenging market conditions.

Triumph Group Reports Net Income of $89.6 Million for Fiscal Year 2023

Triumph Group Inc., a provider of aerospace systems and solutions, announced a net income of $89.6 million for the fiscal year ending on March 31, 2023. This marks a significant improvement from the previous year's net loss of $42.8 million.

Revenue Stands at $1.38 Billion, Triumph Group Inc. Releases its Financial Results

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