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AMREP Corp swings to second-quarter profit on a YOY basis
Source: IRIS | 15 Dec, 2016, 12.00AM

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AMREP Corporation (AXR) swung to a net profit for the quarter ended Oct. 31, 2016. The company has made a net profit of $0.11 million, or $ 0.01 a share in the quarter, against a net loss of $0.68 million, or $0.08 a share in the last year period.

Revenue during the quarter went up marginally by 2.17 percent to $11.46 million from $11.22 million in the previous year period.

Disclaimer: Please note that this is an auto-generated article. IRIS does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. IRIS especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its website. For queries contact: editor@irisindia.net

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