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Canlan Ice Sports Reports Strong Revenue Growth

Canlan Ice Sports Reports Strong Revenue Growth

Canlan Ice Sports (TSE:ICE) has released an update.

Canlan Ice Sports Corp. reported a significant year-over-year revenue increase of 17% for the fiscal year ended December 31, 2023, with earnings from facility operations rising by 21.7% when excluding roof remediation expenses. The company also saw a notable 48.5% jump in food and beverage revenue. Additionally, Canlan has solidified its presence in the Illinois market by exercising an option to purchase a key sportsplex, ensuring long-term operations in the region.

For further insights into TSE:ICE stock, check out TipRanks’ Stock Analysis page.

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