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Nam Tai posts 2Q profit

SHENZHEN, China (AP) _ Nam Tai Property Inc. (NTP) on Monday reported second-quarter net income of $2.1 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Shenzhen, China-based company said it had net income of 6 cents.

The land developer posted revenue of $541,000 in the period.

Nam Tai shares have climbed 34 percent since the beginning of the year. The stock has risen 84 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


Keywords: Nam Tai, Earnings Report