Lorne Park Capital (TSE:LPC) has released an update.
Lorne Park Capital Partners Inc. reported a significant increase in revenue and assets under management for the nine-month period ending September 30, 2024, with revenue climbing by 19% and assets reaching $3.35 billion. Despite the revenue growth, net earnings saw a decline due to legal charges related to regulatory matters and acquisitions. The company’s strategic acquisition and market appreciation have bolstered its financial standing, highlighting its commitment to growth and expanded investment solutions.
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