Art House Productions

Westlake Corporation Reports Second Quarter 2023 Results

Retrieved on: 
Thursday, August 3, 2023
Chemicals, Plastics, Other Construction & Property, Residential Building & Real Estate, Manufacturing, Construction & Property, Building Systems, Capital expenditure, Essential, Art House Productions, PEM, Public expenditure, HIP, EBITDA, Housing, Chlorine, Capital, Depreciation, Polyethylene, PVC, Real estate, Arms industry, Video game

Second quarter 2023 net income of $297 million decreased by $97 million compared to the first quarter of 2023.

Key Points: 
  • Second quarter 2023 net income of $297 million decreased by $97 million compared to the first quarter of 2023.
  • EBITDA of $690 million for the second quarter of 2023 decreased by $766 million compared to second quarter 2022 EBITDA of $1,456 million.
  • Second quarter 2023 EBITDA decreased by $135 million compared to first quarter 2023 EBITDA of $825 million.
  • As a result, PEM's segment operating margin declined from 31% in the second quarter of 2022 to 10% in the second quarter of 2023 and EBITDA margin decreased from 37% in the second quarter of 2022 to 20% in the second quarter of 2023.

Westlake Corporation Reports Record Full-Year 2022 Results

Retrieved on: 
Tuesday, February 21, 2023
Residential Building & Real Estate, Manufacturing, Construction & Property, Building Systems, Other Energy, Other Manufacturing, Oil, Gas, Packaging, Energy, Other Construction & Property, Chemicals, Plastics, EBITDA, Depreciation, Essential, Public expenditure, Acquisition, PVC, Polyethylene, Growth, Chlorine, Environment, Art House Productions, LIRA, Capital expenditure, Video game, Arms industry, Drug, Real estate, Cryptocurrency, Chemical, Housing

For the full year of 2022, Westlake reported record net sales of $15.8 billion, record net income of $2.2 billion and record EBITDA (earnings before interest expense, income taxes, depreciation and amortization) of $4.2 billion.

Key Points: 
  • For the full year of 2022, Westlake reported record net sales of $15.8 billion, record net income of $2.2 billion and record EBITDA (earnings before interest expense, income taxes, depreciation and amortization) of $4.2 billion.
  • In the fourth quarter of 2022, Westlake achieved net sales of $3.3 billion, net income of $232 million and EBITDA of $619 million.
  • “2022 was a monumental year for Westlake as we posted record full-year sales and net income and added Westlake Epoxy to our Performance Materials portfolio while further integrating the businesses acquired in the second half of 2021 into our Housing and Infrastructure Products segment.
  • Fourth quarter 2022 net income of $232 million decreased by $169 million sequentially as compared to the third quarter of 2022.

NHP Foundation Secures $48.9M in Financing for the Redevelopment and Preservation of Ridgecrest Village Apartments

Retrieved on: 
Monday, October 17, 2022
NOI, Community development, NOAH, Tenant, Interior, Review, Public sector, Housing, Organization, HVAC, Poverty, Income, Investment, Partnership, Art House Productions, Exercise, AMI, Operation Pathway, JPMorgan Chase, CEO, LIHTC, Ageing, White House, Property management, Renewable energy, District

NEW YORK, Oct. 17, 2022 /PRNewswire-PRWeb/ -- Leading affordable housing provider, The NHP Foundation ("NHPF") has secured redevelopment funds for its property Ridgecrest Village Apartments in the Congress Hts. neighborhood of Washington, D.C. The deal includes $13.9 million in tax exempt bonds financed by JP Morgan Chase and the DC Housing Finance Agency (DCHFA), $16.8 million in federal funding and DC Low Income Housing Tax Credits (LIHTC), $16.13 million in Housing Production Trust Funds from the DC Department of Housing and Community Development (DHCD), and $2 million in interim net operating income (NOI) and deferred fees from NHPF.

Key Points: 
  • NEW YORK, Oct. 17, 2022 /PRNewswire-PRWeb/ -- Leading affordable housing provider, The NHP Foundation ("NHPF") has secured redevelopment funds for its property Ridgecrest Village Apartments in the Congress Hts.
  • "At a time when NOAH (Naturally Occurring Affordable Housing) is increasingly scarce, the redevelopment and preservation of Ridgecrest represents an important opportunity for the District," said Dick Burns, CEO of NHPF.
  • The Phase 1 redevelopment will involve six buildings on the southern half of the property.
  • Residents will temporarily relocate to other units, mostly if not all on the Ridgecrest property, while each stage is under construction.

Real Luck Group Reports Q3 2021 Financial Results

Retrieved on: 
Tuesday, November 30, 2021
Luckbox, Online, News, Sport, League, Art House Productions, SEDAR, EGR, Technology, Phrase, Industry, Gambling, Isle, Dota 2, Acquisition, Forward-looking statement, Company, B2C, Rising Star, TSX Venture Exchange, TSX, Program, OGRA, Esports, View, Telecommunication, Marketing, League of Legends, Online and offline, The Company, Multimedia, B2B, CS, Intelligence, Statistics, AB, Online gambling

Strong cash position -- The Company ended Q3 2021 with $15.8 million in cash, and no debt.

Key Points: 
  • CALGARY, AB and ISLE OF MAN, Nov. 30, 2021 /PRNewswire/ - Real Luck Group Ltd .
  • (TSXV: LUCK) (OTCQB: LUKEF) ("Real Luck Group" or the "Company") and its subsidiary companies doing business as " Luckbox " (the "Group"), an award-winning provider of legal, real-money esports and sports betting, today filed financial results for the nine months ending September 30, 2021 on SEDAR .
  • Strong cash position -- The Company ended Q3 2021 with $15.8 million in cash, and no debt.
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/real-luck-group-reports-q3-2021...
    SOURCE Real Luck Group Ltd.