Contract Journal reports that UK construction project collaboration provider 4Projects has recorded a £270,000 pre-tax profit in it latest financial results (for the year to 31 March 2005). This compared with a profit fo £130,000 the previous year. Turnover was higher at £2.1m (2004: £1.6m). Finance director Steven Nelson is quoted: "Turnover has risen because we have attracted new customers. … 4Projects is now hosting more than £10bn-worth of projects."