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Day: March 7, 2024

Wilmington Announces 2023 Year-End Results and Declares a Special Dividend

CALGARY, Alberta, March 06, 2024 (GLOBE NEWSWIRE) — Wilmington Capital Management Inc. (“Wilmington” or the “Corporation”) reported a net loss for the three months ended December 31, 2023 of ($0.2) million or ($0.02) per share compared to net income of $0.5 million or $0.04 per share for the same period in 2022. For the year ended December 31, 2023, the Corporation reported net income of $2.3 million or $0.18 per share compared to net income of $2.8 million or $0.23 per share for the same period in 2022. A summary of the Corporation and the operations of its investees is set out below: Real EstateSunchaser PartnershipThe success of the 2023 camping season is expected to continue into 2024 as the business continues to offer compelling value and experiences for its customers. With the onset of higher interest rates, owners of RV...

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