TEE International Limited Provides Earnings Guidance for the Third Quarter Ended 28 February 2021
April 07, 2021 at 11:58 am
TEE International Limited provided earnings guidance for the third quarter ended 28 February 2021. The group is expected to report a loss for the third quarter of 2021 against a higher loss for the corresponding period in 2020. This is mainly attributable to (i) provision for losses from certain projects in Singapore due to extended construction period, and (ii) increase in construction cost for certain projects.