Devine Limited
(ASX:DVN) has boosted its earnings guidance for the full 2014 calendar year.
The residential developer now expects to report profit before tax of between $9.8 million to $10.8 million.
The anticipated result is up from previous guidance of between $6.5 million to $7.5 million profit before tax.
Devine says it will consider the payment of a dividend once the final audited accounts are prepared in February 2015.
The company has also advised it is continuing to work with a number of interested parties which may lead to a sale process for all shares in the company.
Devine reported a net profit of $477,000 in the first half of the 2014 calendar year.
