West Street Announces Second Quarter Results
(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 08/25/11 -- West Street Capital Corporation (TSX VENTURE: WSC)(TSX VENTURE: WSC.PR.A) ("West Street" or the "company") reported net income for the quarter ended June 30, 2011 of $1.4 million compared to $0.7 million in the comparative quarter in 2010. After providing for unpaid preferred share dividend obligations of $0.7 million (2010 - $0.7 million), net income per common share was $0.06 compared with a net loss of $0.01 per common share during the period ended June 30, 2010.
Dividends, interest and other income totalled $0.8 million for the period ended June 30, 2011, in comparison to $0.7 million in the same period in 2010 and consisted principally of dividends and interest earned on the company's securities portfolio. The increase in investment income is primarily the result of additional securities acquired during 2010 and 2011.
Contacts:
West Street Capital Corporation
Sachin G. Shah
President
(416) 363-9491
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Datum: 25.08.2011 - 16:10 Uhr
Sprache: Deutsch
News-ID 1034132
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TORONTO, ONTARIO
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Kategorie:
Investment Services & Trading
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