Crown Cap (TSE:CRWN) has released an update.
Crown Capital Partners posted a net loss of $2.7 million in Q3 2024, compared to a $1.8 million loss in the same period last year, despite improvements in certain segments like Distribution Services and Network Services. The company saw an increase in adjusted EBITDA to $0.8 million, partly due to operational efficiencies and increased capacity utilization. However, challenges remain in other areas, such as Distributed Power and Real Estate, contributing to a significant reduction in total equity.
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