INNSUITES HOSPITALITY TRUST (IHT) – FIRST FISCAL QUARTER EARNINGS FLAT. TWELVE MONTH TRAILING EARNINGS TOPS $13.1 MILLION; UP 101% OVER PRIOR TWELVE MONTH PERIOD Phoenix, AZ,.
Phoenix, AZ, Sept. 16, 2019 -- InnSuites Hospitality Trust (NYSE American: IHT) INNSUITES HOSPITALITY TRUST (IHT) – YTD PROFITS JUMP. SECOND QUARTER IMPROVES. IHT reported.
Phoenix, AZ, Dec. 26, 2019 -- InnSuites Hospitality Trust (NYSE American: IHT) IHT reported fiscal third quarter revenues of approximately $1.50 million for the three months.
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Phoenix, AZ, Dec. 20, 2019 -- Pursuant to a 2019 Convertible Debenture Purchase Agreement between UniGen and InnSuites Hospitality Trust, a publicly traded (NYSE American: IHT).
InnSuites Hospitality Trust is a US$21m small-cap, real estate investment trust (REIT) based in Phoenix, United...
InnSuites Hospitality Trust (IHT) reported consolidated net income of $11,106,000 for the fiscal year ended January 31, 2019, compared with consolidated net income for the prior fiscal year of $6,808,000, an increase of $4,298,000 or 63%. Fiscal 2019 annual net income profit before non-cash depreciation expense of $1.24 million was $12.35 million. Net income per share (basic) for the fiscal year ended January 31, 2019 was $ 1.20 per share, compared to the prior fiscal year’s $ 0.71 per share, an increase of 69%.
With the exception of historical information, the matters discussed in this news release may include “forward-looking statements” within the meaning of the federal securities laws. All statements regarding the Trust’s review and exploration of potential strategic, operational and structural alternatives and expected associated costs and benefits are forward-looking. Actual developments and business decisions may differ materially from those expressed or implied by such forward-looking statements.