TORONTO, Nov. 26, 2025 (GLOBE NEWSWIRE) -- HALMONT PROPERTIES CORPORATION (TSX-V: HMT) ("Halmont" or the "Company") announced today that net income to shareholders for the nine months ended September 30, 2025, was $12.25 million as compared to net income of $10.35 million for the nine months ended September 30, 2024.
| (CAD$ millions, except per share amount) | Nine months ended | |||
| September 30, 2025 | September 30, 2024 | |||
| Revenue | $24.90 | $20.96 | ||
| Net income - total | 12.25 | 10.35 | ||
| Comprehensive income - for common shareholders | 12.45 | 11.43 | ||
| Diluted net income per common share | 4.85 | - | 5.07 | - |
Our commercial properties at 25 Dockside Drive and 2 Queen Street East, acquired in 2024, continue to perform well and provide stable, growing cash flows. These institutional-grade assets form the foundation of our real estate platform and are contributing to steady growth in earnings and asset values.
Our forestry investments, including a 59% effective interest in Haliburton Forest and a 7% equity stake in Acadian Timber Corp., continue to generate attractive returns and long-term growth potential.
We maintain a strong balance sheet and the flexibility to pursue new opportunities as markets evolve. As at September 30, 2025, the fully diluted book value per common share was 95¢, up approximately 11.76% from 85¢ one year earlier.
Halmont Properties Corporation invests directly in real assets including commercial, forest, and residential properties.
This news release includes certain forward-looking statements including management's assessment of the Company's future plans and operations based on current views and expectations. All statements other than statements of historic facts are forward looking statements. These statements contain substantial known and unknown risks and uncertainties, some of which are beyond the Company's control. The Company's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements. Readers should not place undue reliance on these forward-looking statements which represent estimates and assumptions only as of the date on which such statements are made. The Company undertakes no obligation to publicly revise or update any forward-looking statements, whether as a result of new information, future events or otherwise.
For additional information:
Heather M. Fitzpatrick
President
T: 647-448-7147
