Crown Cap (TSE:CRWN) has released an update.
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Crown Capital Partners experienced a challenging second quarter in 2024, with a significant net loss of $15.2 million compared to the previous year, primarily due to a decrease in revenue across several segments and an increase in losses from their Specialty Finance segment. Despite the overall downturn, the company saw improvements in the Distribution Services and Real Estate segments, indicating some areas of operational efficiency and growth.
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