Halmont Properties Corporation First Quarter Results

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Toronto, May 24, 2022 (Globe Newswire) – Halmont Properties Corporation (TSX-V: HMT) (“Halmont” or “Company”) announced today that ordinary shareholders’ net income for the three months ended March 31, 2022 was $ 866,000, compared to তিন 662,000 net income for the three months ended March 31, 2021.

(Thousands per share) Three months have passed
March 31, 2022 March 31, 2021
Revenue 2,993 $ 2,153
Net income – Total 1,250 935
– For ordinary shareholders 886 662
Net earnings per share for ordinary shareholders 0.41 3 0.34 3

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In the first quarter, net worth increased by 67%, compared to 61 সালে in 2021, with the conversion of capital notes and preferred shares to 67%.

Halmont re-evaluates its core assets each year in accordance with the IFRS accounting policy, taking into account the available market information and the relevant terms of its joint venture and partnership agreement. As a result, the value of ordinary stock books approximates their perceived value.

Halmont Properties Corporation invests directly in real estate, including commercial, forest and residential property.

This news release includes some foresighted statements, including the company’s future plans and management evaluation based on current feedback and expectations. All statements other than statements of historical information are forward statements. These statements contain considerable known and unknown risks and uncertainties, some of which are beyond the control of the company. The actual results, performance or achievements of the company may differ materially from or implied in this visionary statement. Readers should not rely unnecessarily on these far-sighted statements which only represent the assumptions and assumptions of the date on which such statements were made. The Company has no obligation to publicly correct or update any prudent statement, whether for new information, future events or any other reason.

For additional information:
Heather M. Fitzpatrick
T: 647-448-7147

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