(thousands, except per share amount) | Three months ended | |||||||||
Revenue | $ | 8,770 | $ | 3,807 | ||||||
Net income - total | 4,114 | 2,333 | ||||||||
- for common shareholders | 3,788 | 2,043 | ||||||||
Net income per share for common shareholders | 2.75 | ¢ | 1.57 | ¢ | ||||||
In response to the deterioration in lease rates for heritage office buildings, proactive measures were taken in recent years to adapt to the evolving market realities. On
In
The fully diluted book value of Halmont’s common shares, assuming the conversion of its capital notes and convertible preferred shares, increased to 82¢ per common share compared to 72¢ in
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.
For additional information:
President
T: 647-448-7147
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