InterGroup returns to profit in FY26 with net income of $336,000; operating income rises 55% to $11.87 million

Bitget2026/09/28 17:06

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

InterGroup swung to net income of 336,000 in fiscal 2026 from a net loss of USD 7.55 million a year earlier.
Income from operations rose 55% to USD 11.87 million, and mortgage interest expense fell 7.02% to USD 12.67 million.
Hotel revenue climbed about 20% to USD 55.8 million, while hotel segment income increased 43.42% to USD 12.52 million.
Average daily rate rose about 16% to USD 253, and occupancy increased 3 percentage points to 95%.
Marketable securities posted a net gain of USD 953,000 versus a net loss of USD 1.35 million, while net loss from securities operations narrowed to USD 213,000.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Intergroup Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-044490), on September 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

U.S. Treasury Secretary Janet Yellen defended the rise in U.S. Treasury yields, stating that this increase is a global phenomenon rather than unique to the United States, and does not warrant excessive concern. She partially attributed inflationary pressures to higher oil prices caused by the Iran conflict, and expects the energy shock to subside as hostilities ease. Yellen refuted the notion of an AI bubble, arguing that investments by major tech companies are grounded in solid business logic.

华尔街见闻•2026/10/04 03:06