Engineer flags profit fears

THE downturn in the resources sector has bitten Southern Cross Electrical Engineering, with the company warning it did not expect to be profitable in the second half of the 2014-15 financial year.

Engineer flags profit fears Engineer flags profit fears Engineer flags profit fears Engineer flags profit fears Engineer flags profit fears

Southern Cross Engineering flags profit fears for H2 of FY2014-15.

Delays seem to be to blame with the company saying the scheduled execution of work on a major project – it does not mention which – proceeding more slowly than previously forecast.

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