CONTRACT housing company Tamawood has forecast a $11 million after tax profit for FY10.
CEO Tim Bartholomaeus said the company is experiencing steadily improving contract housing sales and on-going sales of “Ready-to-Occupy” housing stock.
He added that the sale of some residential blocks, should see a strong finish to the 2010 financial year.
“The inclusion of photovoltaic (‘PV’) solar panels in our range of energy efficient homes have hit the mark with consumers, while rising interest rates have impacted housing affordability, supporting stronger demand levels for our target market, being buyers of lower priced houses,” he concluded.
Australian Property Journal
