Brief: Genesis Land Development Q1 shr $0.05

Genesis Land Development

13/05/2016 24:50

May 12 (Reuters) - Genesis Land Development Corp  GDC.TO : 
    * Qtrly total revenues $32.4 million versus $15.8 million 
    * Genesis reports 2016 first quarter results 
    * 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 
 
    Source text for Eikon:  urn:newsml:reuters.com:*:nCNWXWTtWa 
    Further company coverage:  GDC.TO  
 
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