PARTNERS VALUE INVESTMENTS INC. ANNOUNCES 2019 ANNUAL RESULTS

Written by Customer Service on . Posted in Public Companies.

TORONTO, March 27, 2020 (GLOBE NEWSWIRE) — Partners Value Investments Inc. (the “Company”, TSX: PVF.WT) announced today its financial results for the year ended December 31, 2019. All amounts are stated in US dollars.The Company generated net loss of $129 million for the year ended December 31, 2019 compared to net income of $120 million in the prior year. The decrease in net income was primarily driven by foreign currency losses and valuation losses on the change in value of the warrant liability as a result of an increase in the market price of Partners Value Investments L.P.The market price of a Brookfield share was $57.80 as at December 31, 2019 (2018 – $38.35).Consolidated Statements of Operations

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.