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Home | June 2011News | Chesswood Announces Results for Q1 2011
 
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  • Chesswood Announces Results for Q1 2011
  • Chesswood Announces Results for Q1 2011
  • June 24, 2011
  • Income before Taxes and Fair Value Adjustments Increases by 37%.

    Chesswood Group Limited (the "Company") (TSX: CHW), the successor to Chesswood Income Fund (the "Fund"), announced today its results for the first quarter of 2011, ended March 31, 2011.

    The Company's income before taxes and fair value adjustments on interest rate swaps and other liabilities totaled $3.3 million in the first quarter of 2011, compared to $2.4 million for the Fund, in the first quarter of 2010, an increase of more than 37.5%.

    "Our first quarter of 2011 was another strong one,...
  • View more at: http://www.1888pressrelease.com/chesswood-announces-results-for-q1-2011-pr-309696.html
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