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|Press Release||Exhibit 99(i)|
|J. W. Mays, Inc.|
|9 Bond Street|
|Brooklyn, NY 11201|
|718 624 7400|
J. W. MAYS, INC.
REPORTS ON OPERATIONS
FOR THREE AND NINE MONTHS ENDED APRIL 30, 2020
J. W. Mays, Inc. today reported its financial results for the three and nine months ended April 30, 2020.
Revenues from Operations for the three months ended April 30, 2020 amounted to $5,128,574 compared to revenues of $5,275,552 in the comparable 2019 three-month period, while revenues from Operations for the nine months ended April 30, 2020 were $15,203,549 compared to revenues of $15,758,449 in the comparable 2019 nine-month period..
Net loss from Operations for the three months ended April 30, 2020 was ($585,023), or ($.29) per share, compared to net income from Operations of $655,935, or $.32 per share, in the comparable 2019 three-month period.
Net loss from Operations for the nine months ended April 30, 2020 was ($513,760), or ($.25) per share, compared to net income from Operations of $870,701, or $.43 per share, in the comparable 2019 nine-month period.
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Dated: June 3, 2020
The following information was filed by Mays J W Inc (MAYS) on Thursday, June 4, 2020 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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