Newhall Land Reports 3rd Quarter a Loser
Newhall Land and Farming Co., Valencia, reported a net loss of $612,000 for the third quarter ended Sept. 30, compared to net income of $11.9 million for the same period last year. Revenue dropped to $46.5 million from $73.2 million.
Newhall Land plans and develops communities in north Los Angeles County, including the town of Valencia.
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