Its picked up last few days, the results for 3Q released today, not really that great. They are for the 3 Q
97 96
Rev $18.1 $10.5 M
Earn $0.5 $0.7 M
per sh $0.03 $0.03 cents per share... Scott
VANCOUVER, Feb. 19 /CNW/ - Planvest Capital Corp. (TSE/VSE: PLV) reported
today consolidated gross revenues of $59.1 million for the nine months ended
December 31, 1996, an increase of 67% from consolidated gross revenues of
$35.5 million for the comparative period of 1995. Net income increased 44% to
$3.9 million, or $0.23 per share, for the nine month period, from $2.7
million, or $0.16 per share.
The Company's continued success is attributed to the increasing expansion
in retail and capital markets activity from all companies in the Planvest
Group.
``During the third quarter we have remained focused on improving
technologies and reinforcing support and operations resources necessary to
maintain growth targets and to prepare for the merger of Planvest Pacific
Financial Corporation and C.M. Oliver Capital Corporation into C.M. Oliver &
Company Limited,'' stated Planvest's Chairman and CEO, Michael O'Brian.
Planvest Capital Corp. is a publicly traded holding company with
interests in the financial services industry through its wholly-owned
operating subsidiaries, C.M. Oliver & Company Limited, Planvest Pacific
Financial Corporation and C.M. Oliver Capital Corporation. These companies,
which are currently being merged into one operating entity under the name C.M.
Oliver & Company Limited, provide a complete range of financial services to
individuals, institutions and corporate clients on a domestic and
international level.
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C. Michael O'Brian, Chairman & CEO |
