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Article: Hamptons Luxury Homes Reports Significant Revenue Increase for Second Quarter of 2008 and Remains Profitable in a Difficult Economic Environment.(Financial report)
- Article from:
- Business Wire
- Article date:
- August 15, 2008
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Copyright informationCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BRIDGEHAMPTON, N.Y. -- Hamptons Luxury Homes, Inc. (OTCBB:HLXH), a construction services company that builds and renovates multi-million dollar estate homes in the Hamptons area of Long Island, New York, reported another quarter of comparative revenue growth and profitability, marking the sixth consecutive profitable quarter for the company during a period when many within the industry have encountered difficult times.
For the quarter ended June 30, 2008, Hamptons Luxury Homes reported contract and service revenues of $3,554,324, a 91% increase over comparable 2007 second quarter contract and service revenues of $1,863,236. The Company also reported income before taxes of ...
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