Sachem Capital Corp. Reports Net Income of $10.8 Million for Q2 2023
Q2 2023 Revenue Increases to $16.5 Million for Sachem Capital Corp.
By USInMinutes
Published - Aug 17, 2023, 02:22 PM ET
Last Updated - Aug 17, 2023, 02:22 PM EDT
Sachem Capital Corp.(SCCG), a leading real estate fina nce company, has announced its unaudited financial results for the second quarter of 2023. The company's consolidated statements of comprehensive income reveal a net income of $10.8 million for the quarter, showcasing strong financial performance. Additionally, the company reported total revenue of $16.5 million, signifying a significant increase in revenue compared to the same period last year.
Net Income and Revenue Highlights
Sachem Capital Corp.'s financial results for the three months ended June 30, 2023, underscore its robust performance:
Net Income