10:55 AM EST - Genesis Land Development Corp. : on Tuesday posted financial results for the fourth quarter reporting net earnings of $1.81 million or $0.04 per share on revenues of $18.51 million. For the full year, the company reported earnings of $8.42 million or $0.18 per share compared to $9.23 million or $0.20 per share in the prior year. Annual revenues increased to $51.67 million from $35.69 million a year ago, while expenses increased to $38.34 million from $23.64 million in the previous year. Genesis Land Development Corp.
shares T.GDC are trading unchanged at $5.50.
