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Jump to full article: Business Journal of South Florida, 2009-03-02
Intro: Miami-based Vector Group Ltd. said revenue for the year ended Dec. 31 was $565.2 million, up slightly from the $555.4 million reported for 2007.
The country's fifth-largest cigarette company (NYSE: VGR) reported net income for of $60.5 million, or 80 cents a share, for the year, down from net income of $73.8 million, or $1.07 a share, for 2007.
The results for 2008 included $12.6 million in pretax income from the Miami-based company's investment in the St. Regis hotel, which was sold in March 2008.
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