2 days ago
Partners Value Investments L.P. Announces Q2 2025 Interim Results
TORONTO, Aug. 15, 2025 (GLOBE NEWSWIRE) — Partners Value Investments L.P. (the 'Partnership', TSX: TSX: announced today its financial results for the six months ended June 30, 2025. All amounts are stated in U.S. dollars.
The Partnership recorded a net loss of $6.2 million for the quarter ended June 30, 2025, compared to net income of $21.6 million in the prior year quarter. The decrease in income was primarily due to unfavorable foreign currency movements as a result of the appreciation of the Canadian dollar against the U.S. dollar and higher tax recoveries recorded in the prior year quarter, partially offset by higher dividend and investment income compared to the prior year quarter. A loss of $8.6 million was attributable to the Equity Limited Partners, and income of $2.4 million was attributable to Preferred Limited Partners.
