LONG ISLAND, N.Y., March 24, 2014 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital, Inc. (Nasdaq:LOAN) announced today that net income for the year ended December 31, 2013 was $0.14 per basic share and per diluted share (based on 4.269 million shares and 4.290 million shares, respectively), or approximately $583,000, versus $0.09 per basic share and per diluted share (based on 4.320 million shares and 4.326 million shares, respectively), or approximately $389,000 for the year ended December 31, 2012. This increase is primarily attributable to an increase in revenue, offset by increases in interest expense and in income tax expense.
Manhattan Bridge Capital, Inc. Reports Results For Fiscal Year 2013
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