Detail akcie Melcor Developments online

Business Summary: Melcor Developments Ltd. is a diversified real estate development and asset management company. The Company develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. The Company operates in four segments: Land, Properties, REIT, and Golf. The Land segment is responsible for purchasing and developing land to be sold as residential, industrial and commercial lots. The Properties segment owns approximately 24 leasable commercial, retail and residential properties and other rental income producing assets, such as parking lots and land leases. The REIT segment owns approximately 35 leasable commercial and retail properties and other rental income producing assets, such as residential property, parking lots and land leases. The Golf segment owns and manages three 18-hole golf course operations (one of which is 60% owned) and has a 50% ownership interest in one 18-hole golf course.
Financial Summary: BRIEF: For the three months ended 31 March 2026, Melcor Developments Ltd revenues decreased 11% to C$45.4M. Net income increased from C$5M to C$23.2M. Revenues reflect Land segment decrease of 14% to C$20.1M, United States segment decrease of 81% to C$2.8M, FFO per Share (Basic) decrease of 36% to C$0.28. Net income reflects Gain on sale of assets and derecognition increase from C$1K to C$2M (income).