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GDC — Genesis Land Development News Story

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Brief: Genesis Land Development Q1 net earnings per share $0.05

May 12 (Reuters) - Genesis Land Development Corp  GDC.TO  
    * Qtrly total revenues $32.4 million versus $158 million 
    * Q1 net earnings per share $0.05 
    * Says reviewing and restructuring its business to deal with 
continuing challenging economic environment 
    * New homes orders were 28 during q1 2016 compared to 19 in 
q1 2015 
    * Q1 2016 closing order book of 49 firm home sales contracts 
compared to 124 at close of q1 2015 
    * Genesis reports 2016 first quarter results 
 
Source text for Eikon:  ID:nCNWXWTtWa  
Further company coverage:  GDC.TO  
 
 (Bengaluru Newsroom +1-646-223-8780)

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