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IVEY PROPERTIES, INC. REPORTS EARNINGS

 IVEY PROPERTIES, INC. REPORTS EARNINGS
 CHARLOTTE, N.C., April 22 /PRNewswire/ -- The following are the


revenues and net income of Ivey Properties, Inc. for the year ended Dec. 31, 1991 and first quarter ended March 31, 1992 (unaudited):
 QUARTER ENDED
 YEAR ENDED (UNAUDITED)
 December 31, March 31,
 1991 1990 1992 1991
 Revenues $2,250,695 $2,145,868 $582,940 $428,047
 Net Income $1,827,592 $1,758,856 $477,250 $328,423
 Per Common Share:
 Net Income $.76 $.73 $.20 $.14
 Dividends $.76 $.72 $.21 $.19
 Average Shares
 Outstanding 2,418,538 2,418,538 2,418,538 2,418,538
 -0- 4/22/92
 /CONTACT: Ervin Jackson, Jr., Vice President, Secretary & Treasurer, Ivey Properties, Inc., 704-334-1123/ CO: Ivey Properties, Inc. ST: North Carolina IN: SU:


JZ -- CH005 -- 1228 04/22/92 11:38 EDT
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Apr 22, 1992
Words:137
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