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Share this article Share this article SHENZHEN, China, April 29, 2021 /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, 2021. KEY HIGHLIGHTS In the quarter ended March 31, 2021: Revenue was $69.0 million in the first quarter of 2021, an increase of $68.3 million year-on-year. Net income from operations was $36.2 million, increased from net loss from operations of $3.7 million in the first quarter of 2020. Consolidated net income was $25.6 million in the first quarter of 2021, increased from consolidated net loss from operations of $3.2 million in the first quarter of 2020. Real estate properties under development, net was $327.4 million as of March 31, 2021, an increase of $15.2 million from the end of 2020.

Hong kongBritish virgin islandsTang xiMacau generalNam taiGuangdong hong kongPrnewswire nam tai property incReal estate properties under developmentNam tai national enterprise cultivationCurrent portion of long term bankXiamen international bank the lending banksTechnology innovation bureauCompany condensed consolidated statements of comprehensive incomeTechnology centerSecurities futures commission of hong kongHong kong monetary authority