EX-99.(I) 2 mays4309541-ex99i.htm PRESS RELEASE DATED MARCH 13, 2024

 

Press Release Exhibit  99(i)

From

J. W. Mays, Inc.

Publicity Department

9 Bond Street

Brooklyn, NY 11201

 

718 624 7400

 

J. W. MAYS, INC.

REPORTS ON OPERATIONS

FOR THREE AND SIX MONTHS ENDED JANUARY 31, 2024

J. W. Mays, Inc. today reported its financial results for the three and six months ended January 31, 2024.

Revenues from Operations for the three months ended January 31, 2024 were $5,414,843 compared to revenues of $5,837,819 in the comparable 2023 three-month period while Revenues from Operations for the six months ended January 31, 2024 were $10,738,644 compared to revenues of $11,607,553 in the comparable 2023 six-month period.

Net loss from Operations for the three months ended January 31, 2024 was ($98,059), or ($.04) per share, compared to net income from Operations of $44,738, or $.02 per share, in the comparable 2023 three month period.

Net loss from Operations for the six months ended January 31, 2024 was ($290,603), or ($.14) per share, compared to net income from Operations of $104,255, or $.05 per share, in the comparable 2023 six month period.

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Dated:March 13, 2024