News: TFS Corp first harvest in June

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Sandelwood producer TFS Corporation Limited (ASX:TFC) will complete its first harvest in June 2014.

 

The East Kimberley Sandalwood Project is proceeding as expected and with the wet season behind it, the company is commencing the final phase of harvesting.

 

The project was established in 1999 and it was the company’s first, with 101 hectares to be harvested. 

 

TFS reported a net profit of $3.2 million in the first half of the 2014 financial year.