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Western Investment Company of Canada reports record third-quarter profits, with a 313% rise in net income.
Western Investment Company of Canada reported strong third-quarter financial results, with equity income surpassing the past five years.
The company's transition to a property and casualty insurance and investment holding firm is on track.
Fortress Insurance, a key associate, saw gross written premiums rise 102% to $30.9 million, and Western's investment portfolio grew 23% to $22.7 million.
Western's net income for the quarter also increased 313% to $188,588.
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Western Investment Company of Canada reporta ganancias registradas en el tercer trimestre, con un aumento del 313% en los ingresos netos.