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Article: Hamptons Luxury Homes Reports 2006 Results.(Financial report)
- Article from:
- Business Wire
- Article date:
- April 9, 2007
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Company Says Awards and Commitments for Work to Be Completed by May 2008 Already Total $8.3 million
BRIDGEHAMPTON, N.Y. -- Hamptons Luxury Homes, Inc. (OTCBB:HLXH), a nationally-recognized builder of custom luxury homes and ultra-luxury estate homes, today announced that for the year ending 2006, revenues were $4,557,941 with a net loss of ($176,581) or less than ($.01) per share. This compared to revenue for 2005 of $8,359,456 with net income of $1,541,677 or $.03 per share.
Roy Dalene, President of Hamptons Luxury Homes, Inc. further explained: "A large portion of management's resources and time was spent on the merger and transitioning a private ...