TEE International Limited reported unaudited group earnings results for the second quarter and six months ended November 30, 2016. For the quarter, the company reported revenue of SGD 34,716,000 against SGD 60,721,000 a year ago. Profit before tax was SGD 1,769,000 against SGD 3,833,000 a year ago. Profit attributable to owners of the company was SGD 394,000 against SGD 2,744,000 a year ago. Diluted earnings per share were 0.08 cents against 0.55 cents a year ago. Net cash used in operating activities was SGD 13,679,000 against net cash from in operating activities was SGD 7,044,000 a year ago. Purchase of property, plant and equipment was SGD 3,452,000 against SGD 13,259,000 a year ago. Net asset value as at November 30, 2016 was 19.9 cents. For the six months, the company reported revenue of SGD 128,717,000 against SGD 121,776,000 a year ago. Profit before tax was SGD 2,854,000 against SGD 6,534,000 a year ago. Profit attributable to owners of the company was SGD 1,042,000 against SGD 5,208,000 a year ago. Diluted earnings per share were 0.21 cents against 1.03 cents a year ago. Net cash used in operating activities was SGD 27,227,000 against net cash provided by operating activities was SGD 3,745,000 a year ago. Purchase of property, plant and equipment was SGD 5,515,000 against SGD 13,426,000 a year ago. Revenue increased by SGD 6.9 million due mainly to higher progressive revenue from development properties offset by lower revenue from on-going engineering projects. Cost of sales increased by SGD 4.1 million correspondingly.