Posted on Tuesday, August 10th, 2010 at 3:56 pm.
One of the nation’s largest corporation for senior living, Capital Senior Living Corporation, has announced their financial results from the second quarter of 2010. The report included their increased net income that the company has seen this quarter compared to this quarter in 2009.
The net income of the Dallas-based company in 2010 was $1.5 million compared to $0.4 million in 2009. The total revenue also had a 7 percent increase from 2009. Recently, the company sold interests in two joint ventures and leased multiple properties helping to make $4.5 million in proceeds.
The Chief Executive Officer of the company has announced that there productive financial year is due to the experienced management and strategic business planning.
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