Madison Pacific Cl B (TSE:MPC) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Madison Pacific Properties Inc., a real estate company based in Vancouver, reported a net loss of $44.2 million for the year ending August 31, 2024, largely due to a $51.5 million provision for uncertain tax positions. Despite the loss, the company saw an increase in property revenues to $44.5 million and maintains a strong investment portfolio with high occupancy rates in its properties.
For further insights into TSE:MPC stock, check out TipRanks’ Stock Analysis page.