12:03 PM EST - Thermal Energy International Inc. : Announced its financial results for the three-month period ended November 30, 2017. Revenue increased 21% to $3.7 million for the quarter. Gross profit comparable to the same periods a year ago as a higher proportion of heat recovery sales resulted in lower gross margins of 49.7% for the quarter. The Company had net income of $70.5 thousand for the quarter. Thermal Energy International Inc.
shares V.TMG are trading up $0.005 at $0.09.
