Alico breaks even in 2010


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  • | 7:02 p.m. December 15, 2010
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Alico Inc. earned $79.8 million in operating revenue during its 2010 fiscal year ending Sept. 30. But a dismal real estate market brought the LaBelle-based land management firm just below the breakeven point; its $623,000 net loss represented 0.7% of its revenues and was a sharp improvement from the $3.6 million it lost in 2009.

 

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