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Nam Tai Issues Statement in Connection with Litigation Filed by IsZo Capital Management

Nam Tai Issues Statement in Connection with Litigation Filed by IsZo Capital Management
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

Nam Tai Issues Statement in Connection with Litigation Filed by IsZo Capital Management

Nam Tai Issues Statement in Connection with Litigation Filed by IsZo Capital Management
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

88 Biggest Movers From Friday

88 Biggest Movers From Friday Benzinga 2/1/2021 Gainers Siebert Financial Corp. (NASDAQ: SIEB) shares climbed 121.6% to close at $8.22 on Friday on heavy volume. Catabasis Pharmaceuticals, Inc. (NASDAQ: CATB) climbed 70.8% to close at $4.15 after the company announced the acquisition of Quellis Biosciences. GameStop Corp. (NYSE: GME) shares added 67.9% to close at $325.00 after Robinhood said it would allow some buying of the stocks on Friday after sparking outrage over discontinuing purchases of GME, AMC, and high stocks seeing social media interest. The company’s stock dropped over 44% on Thursday. Novavax, Inc. (NASDAQ: NVAX) surged 64.9% to close at $220.94 after the company said Thursday that its COVID-19 vaccine candidate NVX-COV2373 showed 89.3% efficacy in Phase 3 trials conducted in the United Kingdom.

Nam Tai Property Inc Announces Fourth Quarter 2020 Results

Share this article Share this article SHENZHEN, China, Jan. 29, 2021 /PRNewswire/ Nam Tai Property Inc. ( Nam Tai or the Company ) (NYSE Symbol: NTP) today announced its unaudited financial results for the quarter ended December 31, 2020. KEY HIGHLIGHTS In the quarter ended December 31, 2020: Revenue was $68.6 million in the fourth quarter of 2020, an increase of $67.8 million or 8,076.0% year-on-year. Net income from operations was $34.9 million, increased from net loss from operations of $4.6 million year-on-year. Consolidated net income was $28.7 million in the fourth quarter of 2020, an increase of $30.4 million year-on-year. Real estate properties under development was $312.1 million as of December 31, 2020, an increase of $60.5 million or 24.0% year-on-year.

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