You are here

TEE Int'l Q2 profit falls 35%; revenue rises 13.9%

Group's engineering order book up by $100m from Q1 to $275m


ENGINEERING and property group TEE International posted net profit of $1.6 million for the fiscal second quarter ended Nov 30, 2013, down 35 per cent from $2.5 million a year ago.

Revenue rose 13.9 per cent year on year to $50.1 million as a result of recognition from...