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Amrep reports second quarter fiscal 2022 results

Havertown, pa., dec. 08, 2021 (globe newswire) -- amrep corporation (nyse:axr) today reported net income of $3,326,000, or $0.45 per diluted share, for its 2022 fiscal second quarter ended october 31, 2021 compared to net income of $798,000, or $0.10 per diluted share, for the same period of the prior year. for the first six months of 2022, amrep had net income of $4,963,000, or $0.67 per diluted share, compared to net income of $1,391,000, or $0.17 per diluted share, for the same period of 2021. revenues were $16,236,000 and $26,743,000 for the second quarter and first six months of 2022 and $9,256,000 and $13,462,000 for the second quarter and first six months of 2021.
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