Lower Occupancy Hurts 3rd Quarter at Sonomawest Holdings, Inc.

May 24, 2010

Sonomawest Holdings, Inc. (SWHI), a small real estate management and rental company, saw revenues drop 22.4% and net income plunged 61.1% during the third quarter ended March 31, 2010. The primary reason for the drop in revenue was a lower occupancy rate of 86% compared to an occupancy rate of nearly 100% in the prior […]

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