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Article: Hilton Hotels Corp. reports second-quarter results.
- Article from:
- PR Newswire
- Article date:
- July 13, 1984
CopyrightCOPYRIGHT 1984 PR Newswire Association LLC. 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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BEVERLY HILLS, Calif., July 13 /PRNewswire/ -- Hilton Hotels Corp. (NYSE: HLT) reported that net income increased 2 percent in the first six months of 1984. Second-quarter net income, however, was 13 percent lower as a result of the Las Vegas hotel strike and the impact of a late Easter this year.
For the first half ended June 30, net income totaled $43,676,000, equal to $1.63 a share, compared with $42,680,000, or $1.59 a share, in the prior year. Property transactions resulted in an aftertax loss of $533,000, or 2 cents a share, in the current year.
Revenues for the six-month period were $329,516,000, as against $335,730,000 one year earlier.
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