Deer Valley Posts Drop in Revenue in Q2

bizjournals tells MHProNews Tampa, Florida-based Deer Valley Corp. reported net income of $179,651 for second quarter 2012 versus $327,485 net income for the same period of 2011. Revenue fell to $7.6 million for the quarter ending June 30, 2012 versus $7.8 million for the same period last year. With factories in Sulligent and Guin, Alabama, Deer Valley manufactures factory-built homes sold across the South. The company said, “If the current lethargy in the national economy generally, or in the housing market specifically, continues for an extended period of time, our operating results could continue to be negatively affected by such market forces.”

(Photo credit: Deer Valley Corp.)

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