The Western Investment Company of Canada Ltd (TSE:WI) has released an update.
The Western Investment Company of Canada Ltd has reported a significant upturn in its financial performance for 2023, with total revenue increasing by 48% to $1.8 million and a shift from a net loss in 2022 to a net income of $201,967. This remarkable recovery, attributed to operational improvements in its portfolio companies, marks the company’s strongest performance in the last four years and sets a positive tone for its future, particularly as it pivots towards a focus on the insurance sector.
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