Day: November 17, 2023

NEW YORK, NY, Nov. 17, 2023 (GLOBE NEWSWIRE) — via NewMediaWire — Applied UV, Inc. (NASDAQ: AUVI), a leader in global food security, air quality, and specialty building solutions today announced financial results for the third quarter and nine months ended September 30, 2023. “With continued strong revenue momentum and sustained progress on the path to profitability, we are delivering against the key milestones we laid out earlier this year. I’m proud of how our teams are executing our growth strategy,” said Max Munn, CEO of Applied UV. “Our innovation and commercial capabilities continue to enhance the value proposition of our brands and we have made meaningful progress on our transformation initiatives to improve our operational execution. We remain confident that these efforts will position us to deliver significant...

TORONTO, Nov. 17, 2023 (GLOBE NEWSWIRE) — Partners Value Investments L.P. (the “Partnership”, TSX: PVF.UN TSX:PVF.PR.U) announced today its financial results for the nine months ended September 30, 2023. All amounts are stated in U.S. dollars. The Partnership recorded net income of $18.7 million for the quarter ended September 30, 2023, compared to net income of $51.0 million in the prior year quarter. The decrease in income in the current period was primarily driven by lower foreign currency gains and tax recoveries. A gain of $17.0 million was attributable to the Equity Limited Partners ($0.21 per Equity LP unit) and income of $1.7 million was attributable to Preferred Limited Partners. As at September 30, 2023, the market prices of a Brookfield Corporation (formerly known as Brookfield Asset Management Inc., the “Corporation”,...

TORONTO, Nov. 17, 2023 (GLOBE NEWSWIRE) — Partners Value Investments Inc. (the “Company”, TSX: PVF.WT) announced today its financial results for the nine months ended September 30, 2023. All amounts are stated in U.S. dollars. The Company recorded net income of $72.1 million for the three months ended September 30, 2023, compared to net income of $343.9 million in the prior year period. Net income was lower in the current period primarily due to lower remeasurement gains on the Company’s retractable shares and warrant liability as well as lower foreign currency gains.  The Company’s retractable common shares are classified as liabilities due to their cash retraction feature. The remeasurement gains or losses in a given period are driven by the respective depreciation or appreciation of the Partnership unit price as the exchangeable...

HONG KONG, Nov. 17, 2023 (GLOBE NEWSWIRE) — Oriental Culture Holding LTD. (“OCG” or the “Company”) (NASDAQ: OCG), a leading online provider of collectibles and artwork e-commerce services, today announced its unaudited financial results for the six months ended June 30, 2023. First Half Year of 2023 Financial HighlightsTotal revenues were approximately $0.8 million for the six months ended June 30, 2023, compared to approximately $17.0 million for the six months ended June 30, 2022.Gross profit was approximately $0.6 million for the six months ended June 30, 2023, compared to approximately $16.0 million for the six months ended June 30, 2022.Profit margin was 76.0% for the six months ended June 30, 2023, compared to 93.7% for the six months ended June 30, 2022.Loss from operations was approximately $2.4 million for the...