Power Corp of Canada (TSE:POW) has released an update.
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Power Corporation of Canada has announced increased net earnings for Q2 2024, with $730 million reported from continuing operations, a significant rise from the $550 million earned in the same quarter last year. The company’s adjusted net asset value per share saw a slight decrease from the end of 2023, but overall book value per share increased. Notably, Power Corporation’s subsidiaries, including Great-West Lifeco and IGM Financial, have shown robust earnings growth and asset management performance.
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