Harbor Custom Development Inc has announced that it generated $18 million in revenue for its third quarter of 2021 -- with an estimated net income of $3.6 million.
“We are extremely pleased with our third quarter results which represent a significant step forward for the company,” said Harbor CEO Sterling Griffin in a brief statement.
“We will provide additional financial details for the quarter and a preview of our 2022 business objectives during our earnings conference call.”
READ: Harbor Custom Development closes on $20M construction loan to build condominium complex in Tacoma, Washington
Harbor said it will host a conference call and webcast on November 15, 2021, at 9 am PT (12 pm ET) to elaborate on its 3Q results and outlook. The public may access the conference call through a live audio webcast available at its Calendar of Events.
Those who would like to submit written questions in advance can email: IR@harborcustomdev.com. The conference call will be available by telephone at 1-877-407-0789 (for international callers, dial 1-201-689-8562), and refer to “Harbor” or conference ID: 13723841. A replay of the conference call will be available for two weeks at 1-844-512-2921 (for international callers, dial 1-412-317-6671) using the replay PIN: 13723841.
Harbor is a real estate development company involved in all aspects of the land development cycle including land acquisition, entitlements, construction of project infrastructure, home building, marketing, sales, and management of various residential projects in Western Washington's Puget Sound region; Sacramento, California; and Austin, Texas.
The company’s business strategy is to acquire and develop land strategically, based on an understanding of population growth patterns, entitlement restrictions, infrastructure development, and geo-economic forces. It focuses on real estate within target markets with convenient access to metropolitan areas that are generally characterized by diverse economic and employment bases and increasing populations.
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