Net income attributable to the company rose to $596.5 million, or $2.06 per share, in the reported quarter, from $503.6 million, or $1.69 per share, a year earlier. (Reporting by Priyamvada C and Kannaki Deka in Bengaluru; Editing by Devika Syamnath)
March 14 (Reuters) - Homebuilder Lennar Corp on
Tuesday reported an 18% rise in quarterly profit as high
property prices offset supply snags caused by fewer homes being
listed for sale amid a tough economy.
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.