09:57 AM EST - Thermal Energy International Inc. : announced its financial results for the 12 months ended May 31, 2014. Revenue increased 60% to $13.2 million;Sales of heat recovery systems and GEM(R) Condensate return systems increased 77% and 37% respectively. Gross profit increased 40% to just under $7.0 million. Net income of $634 thousand compared to a net loss of $2.8 million. Thermal Energy International Inc.
shares V.TMG are trading up $0.01 at $0.11.
