Revenue from the Company's hotel operations continue to improve.
Revenue and income from the rental apartment operations remain stable and revenues from the development operations decreased from the prior period due to the closing of 81 condominium units in the prior period.
Three months ended | ||||||
Statements of Earnings | 2022 | 2021 | ||||
Total revenue and other income | $ 32,908,465 | $ 117,277,126 | ||||
Net earnings (loss) attributable to shareholders of the Company | 29,999,525 | 6,331,468 | ||||
Earnings (loss) per share (diluted and non-diluted) | $ 0.92 | $ 0.19 | ||||
Statements of Financial Position | ||||||
Total assets | $ 829,942,824 | $ 874,063,426 | ||||
Total non-current liabilities | $ 273,495,195 | $ 277,821,380 | ||||
Dividends paid | $ - | $ - | ||||
Dividends paid per share | $ - | $ - | ||||
The above unaudited financial information, including comparative information, is expressed in Canadian dollars and has been prepared in accordance with International Financial Reporting Standards, using the same accounting policies and methods of application as described in notes 2 and 3 of the Company's audited consolidated financial statements for the years ended
SOURCE
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