Western Investment Reveals Q2 Results, Amends Deal

The Western Investment Company of Canada Ltd (TSE:WI) has released an update.

The Western Investment Company of Canada Ltd reported diminished second-quarter earnings for 2024, with a notable 41% decrease in income from equity investments compared to the same period in 2023. Despite a cooler start to summer affecting seasonal businesses, the company expects improved performance with increased revenues in July for its associates GlassMasters and Foothills. Additionally, Western is amending a transaction with Tevir Capital Corp and has postponed its Annual General and Special Meeting to a later date.

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