Canlan Ice Sports (TSE:ICE) has released an update.
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Canlan Ice Sports Corp. has announced a record-breaking first quarter with $26.2 million in total operating revenue, a 7% increase over the previous year. This growth has led to a slight rise in operating earnings to $7.6 million and a notable increase in net earnings to $4.2 million or $0.32 per share. The company’s financial health is further evidenced by its strong balance sheet, showing a total asset value of $122.2 million.
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