Updated at 4:00 p.m., Wednesday, September 19, 2007
Castle Group reports $170,208 loss in latest quarter
Advertiser Staff
Castle Group Inc., a Honolulu-based hospitality management company, reported it swung to a net loss of $170,208 in the three months ended June 30. A year earlier, it recorded a profit of $12,103 in the quarter.The company that manages and markets resort condominiums and hotels had revenue of $5.24 million in the quarter, up from $5.03 million a year earlier. The information was contained in a filing Castle made at the Securities and Exchange Commission.
The filing also discloses that the company wants to expand in Hawai'i, Micronesia, New Zealand, Thailand and Central America.