Nona Morelli’s II Inc.: The Irvine leisure...
TIMES STAFF WRITER
Nona Morelli’s II Inc.: The Irvine leisure and entertainment holding company said it lost $287,798, or 3 cents a share, for the fiscal year ended June 30, compared with a net loss of $9.7 million, or $2.06 a share, in the previous fiscal year. Revenue was up 71% to $4.8 million from $2.8 million. The increase in revenue was attributed to the acquisition in May, 1995, of a 40% net profits interest in gaming operations conducted at two hotels in Macao. Gaming revenue accounted for 68% of total fiscal 1995 revenue.
