B.C. Pacific Capital Announces Nine Months Results.VANCOUVER, BRITISH COLUMBIA--(BUSINESS WIRE)--Nov. 24, 1997-- B.C. PACIFIC (VSE See DOS/VSE. VSE - Virtual Storage Extended :BPQ BPQ Bibliothèques Publiques du Québec (French) BPQ Breathing Problems Questionnaire BPQ Buying Power Quota BPQ Behavioral Pediatrics Questionnaire BPQ Behavior Prediction Questionnaire BPQ Body Perception Questionnaire .A.) (VSE:BPQ.B.) B.C. Pacific Capital Corporation announced net income for the nine months ended September 30, 1997 was 11,381,000 compared to $11,667,000 for the same period in 1996. After providing for dividends on preferred shares Preferred shares Preferred shares give investors a fixed dividend from the company's earnings and entitle them to be paid before common shareholders. See: Preferred stock. , net income applicable to common shares was $510,000 for the nine months to September 30, 1997, compared to $269,000 in 1996. Fully diluted net income per Class A and Class B common Share was 3.1 cents compared with 1.7 cents for the same period last year. B.C. Pacific Capital Corporation is a British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography based financial and investment corporation providing management services to corporations encountering financial difficulties, requiring merger and acquisition advice or operational evaluations The test and analysis of a specific end item or system, insofar as practicable under Service operating conditions, in order to determine if quantity production is warranted considering: a. the increase in military effectiveness to be gained; and b. . B.C. Pacific also uses its own capital to invest in undervalued companies undervalued company A firm whose assets and potential earning power are not adequately reflected in its stock price. Although such firms are more likely to be subject to takeover attempts than others, determining whether a particular firm is actually primarily in the natural resources, real estate and financial service areas where management's initiatives can enhance longer term prospects.
B.C. PACIFIC CAPITAL CORPORATION
CONSOLIDATED STATEMENT OF INCOME
Nine Months Ended
September 30 September 30
($000's) 1997 1996
Revenue $16,084 $16,963
Expenses 4,703 5,296
Net income for the period 11,381 11,667
Net income per:
- Participating preferred share - -
- Class A and B Common shares
(in cents) 3.1 1.7
CONTACT: B.C. Pacific Capital Corporation Brian G. Kenning, 604/ 669-3141 or B.C. Pacific Capital Corporation Terry A. Lyons, 604/ 669-3141 |
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