Tuesday, May 15, 2007
The Company storied a net loss for the three months ended March 31, 2007of $2.5 million, otherwise $0.07 per share, evaluated with net income of $4.5 million, or $0.13 per share, for the matching period in 2006. The Company recorded total gains of $7.5 million, net of the non-controlling interests' share from the rummage sale of land record and the dispositions of real estate belongings and investment in the first quarter of 2006. There were no land inventory sales, sale of investments, or real estate belongings sales in the first part of 2007.





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