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Pacrim International Capital Inc. announces fourth quarter results for June 30, 2010

^{Published on 2010-08-13 05:11:24 - Market Wire}
 

 FOR THE FOURTH QUARTER ENDED JUNE 30, 2010: ------------------------------------------- FINANCIAL HIGHLIGHTS ------------------------------------------------------------------------- 3 months ended June 30 12 months ended June 30 ------------------------------------------------------------------------- 2010 2009 2010 2009 ------------------------------------------------------------------------- Revenue $17,628 ($57,099) $78,163 $967,854 ------------------------------------------------------------------------- Income (loss) from properties ($62,479) ($279,385) ($317,239) $227,296 ------------------------------------------------------------------------- Equity income from PICH $414,000 $1,352,605 $1,448,000 $1,787,000* ------------------------------------------------------------------------- Net income (loss) $255,507 $322,215 $3,795,799 ($456,273) ------------------------------------------------------------------------- Funds from (used in) operations ($899,515) ($2,232,143) ($2,992,880) ($2,816,994) ------------------------------------------------------------------------- Total Assets $53,014,867 $54,386,131 $53,014,867 $54,386,131 ------------------------------------------------------------------------- Income properties $15,864,324 $14,845,022 $15,864,324 $14,845,022 ------------------------------------------------------------------------- Mortgages $7,217,244 $5,384,066 $7,217,244 $5,384,066 ------------------------------------------------------------------------- * since acquisition from November 14, 2008 to June 30, 2009 Per Common Share ------------------------------------------------------------------------- Net income (loss) 0.004 0.005 0.059 (0.007) -------------------------------------------------------------------------