Genesis Land Dev (TSE:GDC) has released an update.
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Genesis Land Development Corp. reported a significant increase in revenue and net earnings for the third quarter of 2024, with revenues reaching $93.1 million and net earnings at $12.0 million. The company saw a remarkable rise in the sale of residential lots and homes, reflecting strong market demand in the Calgary Metropolitan Area. Additionally, Genesis declared a special dividend of $0.10 per share to reward its shareholders.
For further insights into TSE:GDC stock, check out TipRanks’ Stock Analysis page.
