This article is from the Australian Property Journal archive
ASX-listed, Brisbane-based builder Tamawood has revealed a preliminary 48% a fall in full-year profit.
Net profit before tax is currently estimated at $5.9 million, and the group said its profit would likely be negatively affected by tax adjustments yet to be estimated.
“Appointments and contract commitment trends have improved in recent months providing an indication that 2020 financial year may return to 2018 levels,” it said.
