Tuxis Corp. (TUXS.PK) said Friday its fiscal 2011 net loss narrowed from a year earlier, helped by an increase in rental revenues.
The self storage and real estate development company incurred a fiscal 2011 net loss of $190,067 or $0.18 per share, narrower than $297,096 or $0.30 per share in the year-ago period.
Revenue from rental income and fees for the period rose to $451,864 from $367,190 last year. The Company's primary source of revenue is rental income from its self storage facilities.
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