Rouse's Losses Increase

September 01, 1991

The Rouse Co. of Columbia released its interim report to shareholders for the second quarter of 1991.

Total earnings for the first half of 1991 before depreciation and deferred taxes were $19,761,000, 2 percent more than the $19,388,000 recorded in the first half of last year.

For the second quarter, earnings before depreciation and deferredtaxes were $9,075,000, a 6-percent increase over $8,544,000 in 1990'ssecond quarter -- April through June.

The net loss for the six months was $8,462,000, compared to a net loss of $3,965,000 in the first half of 1990.

For the second quarter, the net loss was $4,902,000 this year, compared to a net loss of $3,362,000 in the second quarter of 1990.

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