Capital Properties profits rise in 3Q

CAPITAL PROPERTIES INC. reported year-over-year increases in both sales and profits for the three months ended Sept. 30, as well as an increase in net income for the first nine months of 2012.
CAPITAL PROPERTIES INC. reported year-over-year increases in both sales and profits for the three months ended Sept. 30, as well as an increase in net income for the first nine months of 2012.
EAST PROVIDENCE – Capital Properties Inc. reported a 2.7 percent rise in profit to $514,000, or 7 cents per share, during the 2012 third quarter compared with earnings of $139,000, or 2 cents per share, during the same 2011 period. The company’s revenue rose 4 percent from $1.97 million to $2.05 million during its third…
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