BTR earnings sharply lower

August 16, 1991

BTR Realty Inc., the Linthicum owner and operator of shopping centers, offices and industrial buildings nationwide, announced yesterday that the company's net losses have nearly tripled during the first six months of this year compared with the same period in 1990.

BTR officials reported net losses of $1.2 million for the first half of 1991, compared with $450,000 in net losses for the corresponding period last year.

The company's net loss for the second quarter of this year totaled $436,900 on gross revenues of $6.7 million, officials said. That compares with a loss of $371,700 for the same period last year, on gross revenues of $5.3 million.

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