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Pacrim International Capital Inc. announces third quarter results for March 31, 2010 and provides update with respect to Wah Sa

^{Published on 2010-05-12 09:20:34 - Market Wire}
 

 FOR THE THIRD QUARTER ENDED MARCH 31, 2010: ------------------------------------------- FINANCIAL HIGHLIGHTS ------------------------------------------------------------------------- 3 months ended 9 months ended March 31 March 31 2010 2009 2010 2009 ------------------------------------------------------------------------- Revenue $10,541 $171,404 $60,535 $1,024,953 ------------------------------------------------------------------------- Income (loss) from properties ($132,267) ($2,194) ($254,760) $506,681 ------------------------------------------------------------------------- Equity income from PICH $124,000 $83,924 $1,034,000 $434,395* ------------------------------------------------------------------------- Net income (loss) ($110,456) ($616,392) $3,540,292 ($778,488) ------------------------------------------------------------------------- Funds from (used in) operations ($1,160,528) ($527,708) ($2,093,365) ($584,851) ------------------------------------------------------------------------- Total Assets $51,312,303 $52,146,072 $51,312,303 $52,146,072 ------------------------------------------------------------------------- Income properties $13,380,127 $15,038,309 $13,380,127 $15,038,309 ------------------------------------------------------------------------- Mortgages $5,472,599 $6,818,250 $5,472,599 $6,818,250 ------------------------------------------------------------------------- * since acquisition from November 14, 2008 to March 31, 2009 Per Common Share ------------------------------------------------------------------------- Net income (loss) (0.002) (0.010) 0.055 (0.012) ------------------------------------------------------------------------- 

 UPDATE WITH RESPECT TO WAH SANG -------------------------------