Nam Tai Property Inc. Reports Q4 2018 Results
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Nam Tai Property (NTP) Reports Q4 Loss of $0.16
January 28, 2019 6:22 AM ESTNam Tai Property (NYSE: NTP) reported Q4 EPS of ($0.16), versus ($0.07) reported last year.
OPERATING RESULTS
Net operation income for the fourth quarter of 2018 was $0.4 million, an increase of $0.2 million compared to an operation income of $0.2 million in the fourth quarter of 2017. Operation income for the fourth quarter of 2018 mainly consisted of rental income of $0.4 million from the existing factory buildings located on the site of Phase II of Nam Tai Inno City.
Operating loss for the fourth quarter of 2018 was $3.6 million, an increase of $1.4 million compared to an operating loss of $2.2... More
