Halmont Properties Reports Increased Earnings and Growth

Halmont Properties (TSE:HMT) has released an update.

Halmont Properties Corporation has reported a notable increase in net income to shareholders, amounting to $7.84 million for the first half of 2024, a significant rise from $5.02 million during the same period last year. The company has strategically sold its heritage office buildings and reinvested in institutionally occupied buildings and forest properties, including a new partnership with George Brown College. Additionally, the book value per share has also seen an increase year-over-year.

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