Stay updated with breaking news from குயிவ் 4 . Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Legacy Housing Corporation Reports Fourth Quarter 2020 Financial Results March 16, 2021 23:55 ET | Source: Legacy Housing Corporation Legacy Housing Corporation Bedford, Texas, UNITED STATES BEDFORD, Texas, March 16, 2021 (GLOBE NEWSWIRE) Legacy Housing Corporation (NASDAQ: LEGH) today announced its financial results for the fourth quarter ended December 31, 2020. Financial Highlights: Net revenue for the fourth quarter of 2020 was $48.7 million. This was a 12.5% or $5.4 million increase from the fourth quarter of 2019. Interest revenue from our consumer and mobile home park portfolios for the fourth quarter of 2020 was $6.4 million. This was a 10.0% or $0.6 million increase from the fourth quarter of 2019. Selling, general and administrative expense in the fourth quarter of 2020 was $4.9 million. This was a decrease of 20.9% or $1.6 million from the $6.6 million recorded in the fourth quar ....
Howard Hughes Hotel Income Drops 90% In 2020, But Office Income Up 37% Courtesy of Howard Hughes Corp. An aerial view of Hughes Landing in The Woodlands, Howard Hughes Corp. s master-planned community in north Houston. Master-planned community developer Howard Hughes Corp. reported a net income loss of $26.2M in 2020, a departure from the net income gain of $74M in 2019, according to the firm’s Q4 2020 earnings report. Howard Hughes Corp. posted a loss of $6.6M in the fourth quarter, compared with a loss of $1.1M during the same quarter in 2019. Like many other companies in the commercial real estate sector, the coronavirus pandemic took a significant toll on the performance of Howard Hughes’ portfolio. For its operating assets, the developer reported a loss of $24.3M in 2020, down 11% from 2019. ....
Optimism from Thai AirAsia CEO as AAV Reports Net Loss of THB 4.7 Billion (25 Feb 2021) Asia Aviation (AAV), the major shareholder of Thai AirAsia, has reported a Q4 2020 revenue of Baht 4,158.6 million and a net loss of Baht 1,114.4 million (1.1 billion Thai Baht equals approximately US$36.5 million). The loss was partially caused by the impairment on right-of-use assets equating to Baht 1,416 million. Thai AirAsia was EBITDA positive in the quarter, excluding the fuel hedging loss of Baht 799 million. Domestic flight services performed exceptionally well in Q4 2020 with Thai AirAsia operating 107 percent of the number of seats it did in the corresponding period in 2019, prior ....
IATA Expects Airline Industry to Remain Cash Negative Throughout 2021 (25 Feb 2021) IATA has announced that it expects the airline industry to remain cash negative throughout 2021. Previous analysis (November 2020) indicated that airlines would turn cash positive in the fourth quarter of 2021. At the industry level, airlines are now not expected to be cash positive until 2022. Estimates for cash burn in 2021 have ballooned to the $75 billion to $95 billion range from a previously anticipated $48 billion. The following factors play into this estimate: Weak Start for 2021: It is already clear that the first half of 2021 will be worse than earlier anticipated. This is because governments have tightened travel restrictions in response ....
Results Exceeds Expectations. Orders up 65.8% vs. Q3-20 FY-20 Revenue and Net Income up 21.7% and 62.7% vs. FY-19 Proposed Dividend of ⬠1.70 per Share, up 68.3% DUIVEN, The Netherlands, Feb. 19, 2021 (GLOBE NEWSWIRE) BE Semiconductor Industries N.V. (the Company or Besi ) (Euronext Amsterdam: BESI; OTC markets: BESIY, Nasdaq International Designation), a leading manufacturer of assembly equipment for the semiconductor industry, today announced its results for the fourth quarter and year ended December 31, 2020. Key Highlights Q4-20 Revenue of ⬠109.7 million, up 1.3% versus Q3-20 and above guidance. Up 18.7% versus Q4-19 primarily due to higher shipments for mobile applications to Asian subcontractors Orders up 65.8% versus Q3-20 and 56.5% versus Q4-19 due to broad based demand increase across Besi s end-user markets, particularly mobile and automotive applications ....