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IVEY PROPERTIES ANNOUNCES RESULTS

 CHARLOTTE, N.C., July 22 /PRNewswire/ -- The following are the revenues and net income of Ivey Properties, Inc. for the quarter and six months ended June 30, 1993 and 1992 (Unaudited):
 QUARTER ENDED SIX MONTHS ENDED
 June 30 June 30
 1993 1992 1993 1992
 Revenues $ 703,266 $ 695,248 $1,381,431 $1,278,188
 Net Income $ 570,215 $ 581,653 $1,112,605 $1,058,903
 Per Common Share:
 Net Income $.24 $.24 $.46 $.44
 Dividends $.23 $.21 $.46 $.42
 Average Shares
 Outstanding 2,418,538 2,418,538 2,418,538 2,418,538
 -0- 7/22/93
 /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 -- CH013 -- 4652 07/22/93 14:25 EDT
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Publication:PR Newswire
Date:Jul 22, 1993
Words:131
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