Alliance Creative Group, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 14, 2021 at 02:16 pm
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Alliance Creative Group, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was USD 2.613 million compared to USD 2.350 million a year ago. Operating income was USD 62,195 compared to USD 19,593 a year ago. Net income was USD 256,799 compared to USD 19,593 a year ago.
Alliance Creative Group, Inc. (ACG) operates as a parent holding company. The strategy that the Company intends to deploy is a shared resource model where internal divisions, portfolio companies and strategic investments are vertically integrated. It is focused on three types of investments or projects: real estate acquisition; secured lending for small businesses, and early-stage equity business investments (and acqui-hires). ACG shall apply some of its resources towards diversified classifications of real estate with a focus on distressed assets and healthcare. The Company's distressed value add projects may consist of warehouses, student housing, multifamily, conversions, and flips. ACG may also invest in a mix of early-stage equity investments in companies that synergize with the Company's shared resource model and lending opportunities.
ALLIANCE CREATIVE GROUP, INC. 
