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Day: April 25, 2023

Western New England Bancorp, Inc. Reports Results for Three Months Ended March 31, 2023 and Declares Quarterly Cash Dividend

WESTFIELD, Mass., April 25, 2023 (GLOBE NEWSWIRE) — Western New England Bancorp, Inc. (the “Company” or “WNEB”) (NasdaqGS: WNEB), the holding company for Westfield Bank (the “Bank”), announced today the unaudited results of operations for the three months ended March 31, 2023. The Company reported net income of $5.3 million, or $0.24 per diluted share, for the three months ended March 31, 2023, consistent with net income of $5.3 million, or $0.24 per diluted share, for the three months ended March 31, 2022. On a linked quarter basis, net income was $5.3 million, or $0.24 per diluted share, as compared to net income of $9.0 million, or $0.42 per diluted share, for the three months ended December 31, 2022. The Company also announced today that the Board of Directors declared a quarterly cash dividend of $0.07 per share on the Company’s...

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Sonor Investments Limited Reports Financial Results for the Year Ended December 31, 2022 and Three Months Ended March 31, 2023

TORONTO, April 25, 2023 (GLOBE NEWSWIRE) — Sonor Investments Limited (TSX VENTURE:SNI.PR.A) today reported its financial results for the year ended December 31, 2022 and the three months ended March 31, 2023.    Year ended December 31   3 months ended March 31                     2022   2021   2023   2022    $000   $000   $000   $000                 Revenue   3,504   6,665   582   726                 Net Income (loss)   3,023   5,938   419   562Michael Gardiner, Chairman and CEO stated that as at March 31, 2023, the Company’s assets totaled $69.4 million compared to $69 million as at December 31, 2022. These assets as at March 31, 2023 included $22.3 million of marketable securities, $35.6 million in a private investment and $11.5 million of cash and cash equivalents. During the year ended December 31,...

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