tiprankstipranks
Madison Pacific Reports Financial Results for 2024
Company Announcements

Madison Pacific Reports Financial Results for 2024

Story Highlights

Madison Pacific Cl B (TSE:MPC) has released an update.

Don't Miss our Black Friday Offers:

Madison Pacific Properties Inc., a real estate company based in Vancouver, reported a net loss of $44.2 million for the year ending August 31, 2024, largely due to a $51.5 million provision for uncertain tax positions. Despite the loss, the company saw an increase in property revenues to $44.5 million and maintains a strong investment portfolio with high occupancy rates in its properties.

For further insights into TSE:MPC stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskMadison Pacific Announces Loss and Declares Dividend
TipRanks Canadian Auto-Generated NewsdeskMadison Pacific Faces $43.4M Loss Amid Tax Reassessments
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App