Thursday, April 29, 2004 | 10:49 a.m.
CHICAGO -- General Growth Properties Inc., the second-largest U.S. owner of shopping malls and a big operator in Las Vegas, Wednesday said first-quarter earnings rose 30 percent on higher retail sales and income from newly acquired shopping centers.
Net income climbed to $59.1 million, or 27 cents a share, from $45.5 million, or 24 cents, a year earlier, the company said in a statement.
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