Stabilized earnings from rental apartment operations decreased slightly from the previous year while earnings from the Company’s hotels were stable year over year. Revenues and earnings from the Company’s development operations decreased due to fewer condominium unit sales in the current period.
The above unaudited financial information, including comparative information, is expressed in Canadian dollars and has been prepared in accordance with International Financial Reporting Standards, using the same accounting policies and methods of application as described in notes 3 and 4 of the Company’s audited consolidated financial statements for the years ended January 31, 2026 and 2025.
SOURCE Wall Financial Corporation
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