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WALL FINANCIAL CORPORATION ANNOUNCES Q4 2024 FISCAL RESULTS

Newswire.ca - Fri Apr 26, 8:22PM CDT

VANCOUVER, BC, April 26, 2024 /CNW/ - Wall Financial Corporation (TSX: WFC) (the "Company") released its operating results and financial statements for the three months and year  ended January 31, 2024.  The Company recorded net earnings and comprehensive income attributable to shareholders of the Company for the year ended January 31, 2024 of $22,233,339 or $0.69 per share compared to $48,206,620 or $1.49 per share in the prior period.  This decrease in net earnings compared to the prior year was primarily due to a gain on the sale of an investment property in the prior year of $30,340,556 offset by an overall increase in earnings from operations in the current year.

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