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Grand Park Hotel & Resorts Company realizes a loss of $0.30 million in Q1 2013

2013-04-30

According to Grand Park Hotel & Resorts Company ( HOTEL)’s data for the first three months of the year, net loss reached (296,489) USD, compared with a net loss of (142,952) USD from the first three months of 2012, a net increase in loss of 107.4%.Total assets of the company reached 16,573,234 USD as of March 31st, 2013, compared to total assets of 15,481,115 USD as of December 31st, 2012, a net increase of 7.1%. Total liabilities of the company reached 10,172,977 USD as of March 31st, 2013, compared to total liabilities of 10,114,369 USD as of December 31st, 2012, a net increase of 0.6%. Net ownership equity of the company reached 6,400,257 USD as of March 31st, 2013, compared with a net ownership equity of 5,366,746 USD as of December 31st, 2012, a net increase of 19.3% in the first three months.  HOTEL has been suspended from trading since 2003.

 


 

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