InnSuites Hospitality Trust (IHT) Reports Full Fiscal Year 2010 Earnings
InnSuites Hospitality Trust reported an operating loss of $248,000 for the fiscal year ended January 31, 2010, a decline of $522,000 from the prior fiscal year operating income of $274,000. The Trust also reported a net loss attributable to controlling interest of $1.1 million, or $(0.12) per basic and diluted share, for the fiscal year ended January 31, 2010, compared to a net loss of $631,000, or $(0.07) per basic and diluted share, in the prior fiscal year.