Harbor Custom Development Reports 70% Increase in Gross Revenue and 346% of Net Income in 2nd...

Published on 14 Aug 2021 on Benzinga via Yahoo Finance

Harbor Custom Development Reports 70% Increase in Gross Revenue and 346% of Net Income in 2nd...

Harbor Custom Development, Inc. (NASDAQ: HCDI; HCDIP; HCDIW), an innovative and market-leading real estate company, has reported impressive 2nd quarter financial results.

According to the 2021 2nd quarter report, revenues were $14,132,400 with a net income of $1,069,400. The 2nd quarter revenues were 70% greater than the 2nd quarter of 2020, while net income also increased 346% over the same period.

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