Olympia Financial (TSE:OLY) has released an update.
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Olympia Financial Group Inc. reports a robust first quarter for 2024, with a 10% rise in net earnings to $5.74 million, and a 9% increase in total revenue reaching $25.84 million, driven by growth in trust income and administration renewal fees. The company experienced a 10% gain in earnings per share, now at $2.39, attributed to higher interest rates on trust fund placements and a growing client base.
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