CanAf Group Inc (TSE:CAF) has released an update.
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Canaf Investments Inc. reports a robust financial performance for the first half of 2024, with revenues up to CAN$15.8 million from CAN$13 million in the previous year and a slight increase in net income to CAN$780,406. The company also saw an improvement in earnings per share, which now stands at CAN$0.048, and an increase in shareholder equity to CAN$10.1 million, highlighting a stronger balance sheet. Canaf, with its diversified portfolio including a South African anthracite producer and a real estate investment company, continues to strengthen its financial position.
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