Capital Pacific Holdings Inc.: The Newport Beach...

Capital Pacific Holdings Inc.: The Newport Beach home building company reported a profit of $940,000, or 6 cents a share, for the fiscal third quarter ended Nov. 30, a 71% gain from the $550,000, or 4 cents a share, for the same period last year. Revenue advanced 49% to $50.2 million from $33.6 million. For the first nine months, net income rose to $3.3 million, or 22 cents a share, from $51,000, Nfor the prior-year period. Revenue increased 69% to $160.5 million from $95.1 million.