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ILX Resorts reports $92,942 of net income for month of September
By Jennifer Chiou
New York, Oct. 26 - ILX Resorts Inc. posted a net income of $92,942 for the month ended Sept. 31 on $2.54 million in total revenues, according to a monthly operating report filed with the U.S. Bankruptcy Court for the District of Arizona.
The net loss for the current-year period was $621,753.
ILX had cash and cash equivalents of $829,071 at Sept. 31.
Phoenix-based ILX Resorts acquires, develops and operates timeshare resorts primarily in the western United States. The company filed for bankruptcy on March 2, 2009. Its Chapter 11 case number is 09-03594.
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