Villa World Limited announced that it currently expects net profit after tax for the full year to June 30, 2012 to be within a range of $6.24 million to $8.1 million. This range is sensitive to a number of variables as to timing, including the assumption that pre-sales at the company's little creek project in Gladstone are able to be recognised in this financial year. Recognition of these sales is conditional upon registration of the plan prior to 30 June 2012. Whilst the final result for the year is expected to be at the mid to upper end of this range, the range is based on a number of assumptions (including certain weather conditions) and audit.