Mirland Profitable Again

Property developer Mirland said it swung to profit last year as the country's economy showed "clear signs of improvement."

Net income was $23.2 million, compared with a loss of $23 million in 2009, as property values gained, the company said in a statement last week.

Total assets reached $708 million on Dec. 31, from $612 million in 2009.

(Bloomberg)


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