Nam Tai Property (NTP) Reports Q1 Loss of $0.01

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NAM TAI PROPERTY INC. Reports Q1 2016 Results

April 25, 2016 7:00 AM EDT

SHENZHEN, China, April 25, 2016 /PRNewswire/ -- Nam Tai Property Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTP) today announced its unaudited results for the first quarter ended March 31, 2016. The Company's original core manufacturing business of LCM module, including Wuxi production operations was classified as "discontinued operations" and disclosed in the statement of comprehensive income separately under the loss from discontinued operations and is not included in the presentation of rental income, net rental income and operating loss that form parts of the operating loss of "continuing operations" as... More