T&G Global Ltd has announced that Group Profit for the 2021 financial year is forecast to be between $12.5 - $14.5 million, a favourable variance from the outlook of $4.0m - $10.0m previously indicated.
The main reason for the variance is due to the statutory accounting and tax treatment of the sale of the 22 Whakatu Rd site.
The company will announce its 2021 full-year results to the market on 28 February 2022.
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