The Canadian Press
Dundee Corp. (TSX:DC.A) said Tuesday it earned $30.2 million in its latest quarter compared with a loss of $1.9 million a year ago.
The money manger said the profit amounted to 39¢ per diluted share for the quarter ended Sept. 30 compared with a loss of 3¢ per share a year ago.
Revenue totalled $268.7 million, down from $317.1 million.
Dundee holds a 62% stake in DundeeWealth and a 74% stake in Dundee Realty Corp.
The company also owns Dundee Resources Ltd., while asset management is carried out through Ravensden Asset Management Inc. and Dundee Real Estate Asset Management.
Dundee Corp. swings to a profit in Q3
Earnings rebound despite drop in revenue
- By: Canadian Press
- November 11, 2009 November 11, 2009
- 08:52