ECN Capital Reports US$0.00 in Adjusted Net Income per Common Share in Q3-2023
TORONTO, Nov. 13, 2023 (GLOBE NEWSWIRE) -- ECN Capital Corp. (TSX: ECN) (“ECN Capital” or the “Company”) today reported financial results for the three-month period ended September 30, 2023.
- TORONTO, Nov. 13, 2023 (GLOBE NEWSWIRE) -- ECN Capital Corp. (TSX: ECN) (“ECN Capital” or the “Company”) today reported financial results for the three-month period ended September 30, 2023.
- For the three-month period ended September 30, 2023, ECN Capital reported Adjusted net income applicable to common shareholders from continuing operations of $0.5 million or $0.00 per share (basic) versus $0.7 million or $0.00 per share (basic) for the previous three-month period and $11.8 million or $0.05 per share (basic) for the same period last year.
- Net (Loss) Income attributable to common shareholders for the three-month period ended September 30, 2023 was ($6.0) million versus ($30.0) million for the previous three-month period and $6.3 million for the same period last year.
- These dividends are designated to be eligible dividends for purposes of section 89(1) of the Income Tax Act (Canada).