May 3 (Reuters) - Genesis Land Development Corp GDC.TO :
* GENESIS REPORTS 2019 FIRST QUARTER RESULTS
* Q1 REVENUE FELL 12 PERCENT TO C$12.7 MILLION
* Q1 OF 2019 INCLUDED 28 NEW HOME ORDERS, AN INCREASE OVER 19 NEW HOME ORDERS IN Q1 OF 2018
* OUTSTANDING NEW HOME ORDERS STOOD AT 36 AT MARCH 31, 2019 COMPARED TO 17 AT MARCH 31, 2018
* OVERALL REVENUES FOR Q1 2019 WERE $12.7 MILLION, DOWN 12%
* EXPECTS TO HAVE SUFFICIENT LOT INVENTORY TO MEET MARKET NEEDS