Mission West Reports Drop in Net for Year
Citing a drop of condominium sales, Mission West Properties reported that net income fell 82% to $293,978 and revenues fell 66% to $2 million for the year ended Nov. 30. Mission West reported that net income rose 15% and revenues rose 4% to $940,676 for the fourth quarter.
Mission West’s revenue and income figures dropped because the company sold a higher number of condominiums during 1984, according to President G. Joseph LaBreche.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
