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Melcor Developments Reports Higher Earnings, Lower FFO and Revenue for Third Quarter

Melcor Developments Reports Higher Earnings, Lower FFO and Revenue for Third Quarter

MT newswireMT newswire2026/11/03 20:58
04:58 PM EST, 11/03/2026 (MT Newswires) -- Melcor Developments (MRD.TO) after trade Tuesday reported third-quarter earnings of CA$0.59 per share, up from CA$0.46 a year ago. Funds from operations were CA$0.56 per share, down from CA$0.77 per share a year earlier. Revenue for the quarter ended Sept. 30 was CA$60.42 million, down from CA$72.54 million a year prior. The corresponding FactSet figures were not available. Shares of Melcor Developments closed down 0.2% at CA$18.83 on the Toronto Stock Exchange.
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