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Thursday, Jan. 11, 2001 | 11:18 a.m.
Kaufman and Broad Home Corp. of Los Angeles, the largest homebuilder in Las Vegas, today said its fourth quarter profit advanced 13 percent to $73.4 million or $2 per share. Sales of $1.24 billion were up slightly from $1.22 billion.
"One particular standout was our Las Vegas division, which delivered a record 3,000-plus homes in fiscal 2000, placing it on a stand-alone basis among the top-25 largest homebuilders in the United States," said CEO Bruce Karatz.
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