Sonor Investments Limited Q2 Financial Results Overview
Sonor Investments Limited Reports Second Quarter Financial Results
Sonor Investments Limited today reported its financial results for the six months ended June 30, 2024.
Financial Overview
The Company’s assets totalled $69.8 million as of June 30, 2024. These assets included $21.9 million of marketable securities, $35.6 million in a private investment, and $12.3 million of cash and cash equivalents.
Capital Gains and Losses
During the six months ended June 30, 2024, the Company realized a $253,000 capital gain on the sale of investments, in contrast to $10,000 in capital losses during the same period in 2023.
Asset Management
Throughout the reporting period, the Company has maintained net assets and qualified investments exceeding the amounts mandated under the share conditions for the First Preference Shares in its capital stock.
Company Information
Sonor Investments Limited is an investment corporation. The First Preference Shares of Sonor trade on The TSX Venture Exchange under the symbol SNI.PR.A.
Frequently Asked Questions
What were Sonor Investments Limited's total assets as of June 30, 2024?
The Company's total assets were $69.8 million.
How much capital gain did the company realize in the first half of 2024?
Sonor Investments Limited realized a capital gain of $253,000 in the first half of 2024.
What kind of investment corporation is Sonor Investments Limited?
Sonor Investments Limited is an investment corporation located in Toronto, Canada.
How are Sonor's First Preference Shares traded?
They are traded on The TSX Venture Exchange under the symbol SNI.PR.A.
What financial results were reported for the same period in 2023?
The company reported capital losses of $10,000 during the same period in 2023.
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