CONSTRUCTION and property developer Diploma Group (ASX: DGX) has clawed back to profit, booking a net profit after tax of $0.073 million for the first half year compared to a loss of $3.966 million in the previous half year.
Revenue was down 13% compared to the same time last year to $83.153 million.
The construction division completed four projects during the period with a combined contract value of circa $52 million and secured two new projects totalling $68 million. The construction order book has in excess of $220 million in revenues from secured work to run off in the next 18 months.
No dividend was declared for the half-year ended 31 December 2012, consistent with the previous half year.
Property Review
