Nationwide Health Properties Inc.: The Newport Beach...
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Nationwide Health Properties Inc.: The Newport Beach real estate investment trust said its profit for the second quarter rose 11% to $11.2 million, or 62 cents a share, from $10.1 million, or 58 cents a share, for the same period a year earlier. Revenue increased 18% to $17.4 million from $14.7 million. For the first half, profit was up 13% to $22.2 million, or $1.22 a share, from $19.7 million, or $1.14 a share, for the same period a year earlier. Six-month revenue rose 16% to $33.9 million from $29.2 million.
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