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Month: August 2025

CAPREIT Reports Second Quarter 2025 Results

TORONTO, Aug. 07, 2025 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its operating and financial results for the three and six months ended June 30, 2025. Management will host a conference call to discuss the financial results on Friday, August 8, 2025 at 9:00 a.m. ET. HIGHLIGHTSAs at   June 30, 2025 December 31, 2024 June 30, 2024Total Portfolio Performance and Other Measures        Number of suites and sites(1)     46,924     48,696     64,155  Investment properties fair value(2)(000s)   $ 14,481,143   $ 14,868,362   $ 16,600,604  Assets held for sale (000s)   $ 586,738   $ 307,460   $ 221,007  Occupied AMR(1)(3)        Canadian Residential Portfolio(4)   $ 1,693   $ 1,636   $ 1,577  The Netherlands Residential Portfolio   € 1,245   € 1,222   € 1,072  Occupancy(1)        Canadian...

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ECN Capital Reports US$0.04 in Adjusted Net Income per Common Share in Q2-2025

Solid Q2 2025 Results TORONTO, Aug. 07, 2025 (GLOBE NEWSWIRE) — ECN Capital Corp. (TSX: ECN) (“ECN Capital” or the “Company”) today reported financial results for the three-month period ended June 30, 2025. For the three-month period ended June 30, 2025, ECN Capital reported Adjusted net income applicable to common shareholders of $10.0 million or $0.04 per share (basic) versus $7.2 million or $0.03 per share (basic) for the previous three-month period and $8.2 million or $0.03 per share (basic) for the prior year comparable period. “Q2 was a solid quarter with adjusted net income per share of $0.04,” said Steven Hudson, CEO of ECN Capital Corp. “The Manufactured Housing Financing segment continues to benefit from accelerated growth in chattel originations. We are positioning the business for further growth with upgrades to management...

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Graphjet Shareholders Approve Share Consolidation at Extraordinary General Meeting

New York, United States, Aug. 07, 2025 (GLOBE NEWSWIRE) — Graphjet Technology (NADSAQ: GTI) (the “Company”) today announced that its shareholders approved a share consolidation proposal at the Company’s extraordinary general meeting of shareholders held on August 7, 2025. The approved proposal authorizes the Company’s board of directors (the “Board”) to effect a share consolidation of the Company’s issued and unissued ordinary shares at a ratio ranging from 1-for-50 to 1-for-150, with the final ratio to be determined at the discretion of the Board. On that same date, the Board approved a share consolidation ratio of 1-for-60. The Company intends to file Amended and Restated Memorandum and Articles of Association in the Cayman Islands as soon as the effective date of the share consolidation is determined by the Board. The share...

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FTAI Infrastructure Inc. Reports Second Quarter 2025 Results, Declares Dividend of $0.03 per Share of Common Stock

NEW YORK, Aug. 07, 2025 (GLOBE NEWSWIRE) — FTAI Infrastructure Inc. (NASDAQ:FIP) (the “Company” or “FTAI Infrastructure”) today reported financial results for the second quarter 2025. The Company’s consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release. Financial Overview(in thousands, except per share data)Selected Financial Results Q2’25Net Loss Attributable to Stockholders $ (79,816 )Basic and Diluted Loss per Share of Common Stock $ (0.73 )Adjusted EBITDA (1) $ 45,916  Adjusted EBITDA – Four core segments (1)(2) $ 52,642  _______________________________(1) For definitions and reconciliations of non-GAAP measures, please refer to the exhibit to this press release.(2) Excludes Sustainability and Energy Transition and Corporate...

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Lassonde Industries Inc. announces its Q2-2025 results

ROUGEMONT, Québec, Aug. 07, 2025 (GLOBE NEWSWIRE) — Lassonde Industries Inc. (TSX: LAS.A) (“Lassonde” or the “Corporation”) today announced its financial results for the second quarter of 2025. Financial Highlights:  Second quarters endedJune 28, 2025 June 29, 2024 ∆(in millions of dollars, unless otherwise indicated) $ $ $Sales 742.4   624.7   117.8  Gross profit 195.7   175.7   20.0  Operating profit 54.4   50.0   4.4  Profit 34.4   32.8   1.6  Attributable to: Corporation’s shareholders 34.3   33.5   0.8  Non-controlling interests 0.1   (0.7 ) 0.8  EPS (in $) 5.03   4.91   0.12  Weighted average number of shares outstanding (in thousands) 6,822   6,822   –  Adjusted EBITDA1 84.4   74.6   9.8  Adjusted EPS1 (in $) 5.47   5.73   (0.26 )             Note: These are financial highlights...

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Guardian Capital Group Limited (TSX: GCG; GCG.A) Announces 2025 Second Quarter Operating Results

TORONTO, Aug. 07, 2025 (GLOBE NEWSWIRE) — All per share figures disclosed below are stated on a diluted basis.         For the periods ended June 30, Three months Six months($ in thousands, except per share amounts) 2025 2024 2025 2024         Net revenue $ 90,032 $ 64,164   $ 185,193 $ 126,661  Operating earnings   6,128   14,333     13,178   26,651  Net gains (losses)   54,983   (39,161 )   39,260   (26,424 )Net earnings (loss)   55,581   (22,730 )   48,917   (1,289 )                  EBITDA (1) $ 14,866 $ 21,376   $ 30,809 $ 40,282  Adjusted cash flow from operations (1)   11,228   14,740     24,265   29,949                    Attributable to shareholders:        Net earnings (loss)   55,242   (23,137 )   48,190   (1,970 )EBITDA (1)   14,261   20,688     ...

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Interfor Reports Q2’25 Results

Adjusted EBITDA of $17 million and Net Earnings of $11 million BURNABY, British Columbia, Aug. 07, 2025 (GLOBE NEWSWIRE) — INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) recorded net earnings in Q2’25 of $11.1 million, or $0.22 per share, compared to a net loss of $35.1 million, or $0.68 per share in Q1’25 and a net loss of $75.8 million, or $1.47 per share in Q2’24. Adjusted EBITDA was $17.2 million on sales of $780.5 million in Q2’25 versus Adjusted EBITDA of $48.6 million on sales of $735.5 million in Q1’25 and an Adjusted EBITDA loss of $16.7 million on sales of $771.2 million in Q2’24. Notable items:Robust Lumber Shipments and Reduced InventoryLumber shipments of 978 million board feet exceeded production by approximately 5%, resulting in a 37 million board foot reduction in inventory volume during the quarter.Lumber...

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Ambarella Announces Second Quarter Fiscal Year 2026 Earnings Conference Call to be Held August 28, 2025

SANTA CLARA, Calif., Aug. 07, 2025 (GLOBE NEWSWIRE) — Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced it will hold its second quarter fiscal year 2026 earnings conference call on Thursday, August 28, 2025 at 1:30 p.m. (Pacific Time). The company will issue its earnings release after the market closes that same day. Those interested in asking a question on the call are required to register online in advance. Once registered, the dial-in numbers will be provided with a personal identification number (PIN). When dialing in for the live call, the PIN number must be provided to access the call. The live webcast of the conference call, and a webcast replay, will be available at: http://investor.ambarella.com/events.cfm About Ambarella Ambarella’s products are used in a wide variety of edge AI and human...

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Timbercreek Financial Secures $600 Million Revolving Credit Facility

TORONTO, Aug. 07, 2025 (GLOBE NEWSWIRE) — Timbercreek Financial Corp. (TSX: TF) (“Timbercreek Financial” or the “Company“) is pleased to announce a significant update to its credit facilities. On August 7, 2025, Timbercreek Financial entered into a second amending agreement to the third amended and restated credit agreement (the “New Credit Agreement“) with a syndicate of nine lenders. The New Credit Agreement provides for revolving credit facilities totaling $600 million, including a $20 million swingline facility, up from the previous $510 million credit facility. The facility also includes a $100 million accordion feature for future expansion, subject to certain conditions. The term of the New Credit Agreement is two years, maturing on August 7, 2027. The Toronto-Dominion Bank will continue...

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UPDATE — LGI Homes Opens Brayden Preserve: New Community in Mamers, North Carolina

The Blanco Plan by LGI Homes at Brayden PreserveThe Blanco Plan by LGI Homes at Brayden Preserve features three bedrooms, two bathrooms, and a spacious family room.RALEIGH-DURHAM, N.C., Aug. 07, 2025 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) proudly announces the opening of Brayden Preserve, a thoughtfully planned community offering 70 single-family homes on generous lots just outside Raleigh-Durham. Located only 15 minutes from Sanford and 30 minutes from all three main gates of Fort Bragg, Brayden Preserve is drawing strong interest from buyers seeking more space, privacy, and convenience. With homesites ranging from half an acre to 3 acres, this community offers the rare combination of quiet, open living with quick access to major city amenities. Brayden Preserve is perfectly situated for those commuting to...

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