PERINI ANNOUNCES IMPROVED SECOND QUARTER EARNINGS

August 09, 2001 7:10 PM
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Perini Corporation announced second quarter increases in net income and yearly earnings over the same period last year.

The corporation, a leader in civil construction and management, announced a 25 percent rise in net income to $7.4 million and a 67 percent hike in second quarter revenues to $1.6 billion.

The success was due in part to an increased volume of work put in place at the Mohegan Sun Casino Expansion project in Uncasville, Conn. The company also drew gains from the start-up of three hotel-casino projects in the southwestern U.S.