Halmont Properties Corporation (TSX-V: HMT) reported its financial results for the second quarter, revealing a net income to shareholders of $9.2 million for the six months ended June 30, 2025, compared to $7.8 million for the same period in 2024. Revenue increased to $16.74 million from $15.63 million year-over-year. The comprehensive income for common shareholders rose to $9.40 million from $8.97 million. However, the diluted net income per common share decreased to 3.66¢ from 3.85¢. The results reflect the continued contribution from investments completed in 2024, including the repositioning of commercial property and forest portfolios, with acquisitions in 25 Dockside Drive and 2 Queen East, and a $1.0 million investment in Haliburton Forest, increasing the company's effective ownership to 59%. The fully diluted book value of Halmont's common shares rose to 95¢ per share from 84¢ in June 2024.
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