Partners Value Investments LP Partnership Units (TSE:PVF.UN) has released an update.
Partners Value Investments L.P. reported a significant rise in net income to $26.3 million for Q1 2024, a substantial increase from $7.3 million in the same period last year, driven by higher dividend income, foreign currency gains, and tax recoveries. The company also noted changes in the market prices of Brookfield Corporation and Brookfield Asset Management shares, both of which are relevant to the company’s portfolio. Additionally, the net book value per unit saw an increase, indicating a positive trend in the company’s financial position.
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