DALLAS (AP) — DALLAS (AP) — Transcontinental Realty Investors Inc. (TCI) on Thursday reported earnings of $8.3 million in its fourth quarter.
The Dallas-based company said it had profit of 97 cents per share. Losses, adjusted for asset impairment gains, came to 13 cents per share.
The real estate investor posted revenue of $12.1 million in the period.
For the year, the company reported profit of $13.8 million, or $1.60 per share. Revenue was reported as $49.1 million.
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