Amica Mature Lifestyles Inc. had a $4-million net loss in its fiscal fourth quarter and a $10.6-million loss for the full 2012 financial year ended May 31, the retirement community operator announced Monday. The 91原创-based company, which operates luxury seniors residences, has been losing money on its property ownership activities due to acquisitions. Amica's loss amounted to 14 cents per share in the three months ended May 31 and 39 cents per share for fiscal 2012.
The company said it had a $4.8-million loss before income tax at its property ownership and corporate operations, compared with a $1.6-million pre-tax profit in the fourth quarter of fiscal 2011.
