Halmont Properties Corporation: Third Quarter Results
25 November 2011 - 5:31PM
Marketwired
HALMONT PROPERTIES CORPORATION (TSX VENTURE:HMT) announced today
that the net income to common shareholders for the nine months
ended September 30, 2011 was $0.75 million as compared to income of
$0.73 million for the nine months ended September 30, 2010.
The financial results are based on International Financial
Reporting Standards ("IFRS") unless otherwise noted and are
unaudited.
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Nine months ended
September September
(in millions except per share amounts) 30, 2011 30, 2010
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Revenue $1.65 $1.80
Net income - total $1.26 $1.42
- for common shareholders $0.75 $0.73
Net income per share for common shareholders $0.01 $0.01
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Halmont Properties Corporation invests directly in real estate
and securities of companies with real estate interests.
This news release includes certain forward looking statements
including management's assessment of the Company's future plans and
operations based on current views and expectations. All statements
other than statements of historic facts are forward looking
statements. These statements contain substantial known and unknown
risks and uncertainties, some of which are beyond the Company's
control. The Company's actual results, performance or achievement
could differ materially from those expressed in, or implied by,
these forward looking statements. Readers should not place undue
reliance on these forward looking statements which represent
estimates and assumptions only as of the date on which such
statements are made. The Company undertakes no obligation to
publicly revise or update any forward looking statements, whether
as a result of new information, future events or otherwise.
Contacts: Halmont Properties Corporation Edward C. Kress
President 416-956-5140 416-203-9931 (FAX)
Halmont Properties (TSXV:HMT)
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