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Nam Tai: 4Q Earnings Snapshot

SHENZHEN, China (AP) _ Nam Tai Property Inc. (NTP) on Monday reported a loss of $6.3 million in its fourth quarter.

On a per-share basis, the Shenzhen, China-based company said it had a loss of 16 cents. Losses, adjusted for non-recurring costs, were 5 cents per share.

The land developer posted revenue of $486,000 in the period.

For the year, the company reported a loss of $13.3 million, or 35 cents per share, swinging to a loss in the period. Revenue was reported as $493,000.

Nam Tai shares have risen almost 1 percent since the beginning of the year. The stock has dropped 34 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NTP at https://www.zacks.com/ap/NTP