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April 13, 1993|From Times Staff and Wire Reports

Nationwide Health Properties Reports Profit: The Newport Beach real estate investment trust posted net income of $9.6 million, or 56 cents a share, for the first quarter. That was up 63% from the $5.9 million, or 44 cents a share, for the same period a year earlier. Revenue rose 32% to $14.4 million from $10.9 million.

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