Kadestone Capital Corp. Faces Q1 Operational Loss

Kadestone Capital Corp. (TSE:KDSX) has released an update.

Kadestone Capital Corp. has announced a Q1 net loss of $1.1 million, or $0.02 per share, a slight increase from the previous year’s $0.75 million loss, attributed to operational expenses. Despite the loss, the company managed to reduce its net cash used in operating activities. Kadestone operates in the Canadian urban and emerging markets, focusing on property investment, development, and management.

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