August 23, 2025 - 03:05
VANCOUVER, British Columbia, Aug. 22, 2025 — Pender Growth Fund Inc. has released its financial and operational results for the three and six months concluding on June 30, 2025. The company reported a net income of $8,742,446 for the quarter, a notable decrease compared to the net income of $22,533,335 reported for the same period in 2024. This change is attributed to varying investment performance during the quarter.
The net income per Class C common share stood at $1.23 for the three months ending June 30, 2025. The results reflect the company's ongoing commitment to optimizing its investment strategy amidst fluctuating market conditions.
In addition to these financial highlights, the company provided updates on its operational initiatives, emphasizing a focus on strategic investments that align with long-term growth objectives. The management remains optimistic about navigating the current economic landscape while delivering value to shareholders.
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