The Company's primary business is developing new towns and master-planned communities in north Los Angeles County. The Company's real estate properties are located in Valencia and Newhall Ranch, Los Angeles. Valencia is home to approximately 42,000 residents and over 1,400 companies. Newhall Ranch permits 21,600 homes in five villages and 325 net acres of commercial and business park uses. The Company's agricultural properties are the New Columbia Ranch in the San Joaquin Valley, and the Newhall Orchard in Ventura County.
Revenues reflect increased industrial and commercial sales.
Earnings also benefitted from the efficiencies associated with higher sales volume and decreased interest expenses. T.L. Lee, Chmn. All Rights Reserved. Privacy Policy - Terms of Service Company information Copyright Market Guide . Data and information is provided for informational purposes only, and is not intended for trading purposes.