May 11 (Reuters) - Melcor Developments Ltd MRD.TO :
* MELCOR DEVELOPMENTS ANNOUNCES FIRST QUARTER RESULTS, DECLARES QUARTERLY DIVIDEND OF $0.10 PER SHARE
* Q1 FFO PER SHARE C$0.31
* Q1 REVENUE ROSE 28 PERCENT TO C$43.27 MILLION
* EXPECT US TO BE A SIGNIFICANT CONTRIBUTOR TO OUR RESULTS THIS YEAR