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BOCA RATON, FL-Bluegreen Corp.’s second-quarter net income for the second quarter ended Sept. 30 reached the highest level since the same period in 2000.

The locally based developer and marketer of timeshare resorts attributed the 129% gain to a strategic plan aimed at improving operating efficiencies.

The company reported a net gain of slightly less than $4.6 million, or 17 cents per diluted share, on total sales of $69.2 million for the three months ended Sept. 30, compared with net of $2 million, or eight cents per share, on total sales of $65.6 million for the same period in 2000.

“Our second quarter results reflect the continued success of our previously announced strategic business plan, as well as the popularity of our drive-to timeshare resort properties and land offerings,” George F. Donovan, Bluegreen president and chief executive officer, says in a prepared statement. “Our strategic business plan, which we first reported in the third quarter of fiscal 2000, has produced stronger operating results and favorable year-over-year comparisons.”

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