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IVEY PROPERTIES, INC. ANNOUNCES RESULTS

 IVEY PROPERTIES, INC. ANNOUNCES RESULTS
 CHARLOTTE, N.C., Oct. 23 /PRNewswire/ -- The following are the


revenues and net income of Ivey Properties, Inc. for the quarter and nine months ended Sept. 30, 1992 and 1991 (unaudited):
 QUARTER ENDED NINE MONTHS ENDED
 Sept. 30 Sept. 30
 1992 1991 1992 1991
 Revenues $ 737,523 $ 627,958 $2,015,711 $1,571,275
 Net Income $ 577,888 $ 514,381 $1,636,791 $1,249,091
 Per Common Share:
 Net Income $.24 $.21 $.68 $.52
 Dividends $.21 $.19 $.63 $.57
 Average Shares
 Outstanding 2,418,538 2,418,538 2,418,538 2,418,538
 -0- 10/23/92
 /CONTACT: Ervin Jackson, Jr., Vice President, Secretary & Treasurer, Ivey Properties, Inc. 704-334-1123/ CO: Ivey Properties, Inc. ST: North Carolina IN: SU: ERN


SB -- CH004 -- 4083 10/23/92 10:55 EDT
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Publication:PR Newswire
Date:Oct 23, 1992
Words:136
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