TEE Land Limited announced unaudited group earnings results for the second quarter and six months ended November 30, 2016. For the quarter, the company reported revenue of SGD 24,029,000 compared to SGD 9,842,000 a year ago. Profit before tax was SGD 1,685,000 compared to SGD 1,853,000 a year ago. Profit for the period was SGD 1,087,000 compared to SGD 1,547,000 a year ago. Profit attributable to owners of the company was SGD 690,000 or 0.15 cents per share compared to SGD 1,504,000 or 0.34 cents per share a year ago. Net cash used in operating activities was SGD 5,807,000 compared to net cash from operating activities of SGD 14,322,000 a year ago. Purchase of property, plant and equipment was SGD 3,382,000 compared to SGD 13,163,000 a year ago. Revenue for the second quarter increased by SGD 14.2 million or 144.1% mainly due to higher progressive revenue recognized for development projects, particularly Third Avenue in Malaysia and the new project, Hilbre 28. For the six months, the company reported revenue of SGD 37,807,000 compared to SGD 13,194,000 a year ago. Profit before tax was SGD 2,141,000 compared to SGD 2,447,000 a year ago. Profit for the period was SGD 1,511,000 compared to SGD 2,407,000 a year ago. Profit attributable to owners of the company was SGD 1,287,000 or 0.29 cents per share compared to SGD 2,389,000 or 0.53 cents per share a year ago. Net cash used in operating activities was SGD 23,051,000 compared to net cash from operating activities was SGD 16,099,000 a year ago. Purchase of property, plant and equipment was SGD 5,374,000 compared to SGD 13,272,000 a year ago.