Gp Investments, Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 15, 2021
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GP Investments, Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 113.722 million compared to USD 52.477 million a year ago. Net income was USD 51.037 million compared to USD 25.262 million a year ago. For the half year, total revenue was USD 95.280 million compared to negative total revenue of USD 180.695 million a year ago. Net income was USD 43.018 million compared to net loss of USD 89.361 million a year ago.
GP Investments, Ltd. is a Bermuda-based private equity and alternative investment company. The Companyâs operations comprise private equity, real estate and direct investment activities, including the management of limited partnerships. Its segments include private equity and real estate. In the private equity business, it invests to acquire control or joint control with the original owners with the objective of lead the invested company. In real estate business, it invests primarily at the asset level, directly in projects in the residential, office and retail segments. Its investment portfolio includes Spice Private Equity Ltd., Grupo SBF, BR Properties, and 2TM Group. It invests in approximately 15 sectors, such as industry, health services, mobile resource management, retail, logistics, real estate/shopping malls, Internet and technology, hotel, telecommunication, utilities, education, entertainment/restaurants, consumer goods, human resources (HR) services, and oil and gas.
GP INVESTMENTS, LTD. 
