Benvest Capital announces its financial results.MONTREAL--(BUSINESS WIRE)--Nov. 1, 1996--BENVEST CAPITAL (ME: BCI BCI Bat Conservation International BCI Brain-Computer Interface BCI Business Continuity Institute BCI Business Cycle Indicators BCI Banco de Credito e Inversiones (Chilean bank) BCI Bell Canada International .) BENVEST CAPITAL INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . announces its results for the year ended Aug. 31, 1996 with revenue of $2,603,437 as compared to $2,268,973 for the previous year. Net earnings for the year was $934,053 above last year's earnings of $772,338. After deducting dividend requirements on the 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 earnings applicable to common shares was $484,053, or $0.087 per Series A share for fiscal 1996, as compared to net earnings of $322,338, or $0.055 per Series A common share for fiscal 1995. Benvest Capital Inc. is a publicly traded, emerging merchant bank involved in strategic investments in quality companies led by successful entrepreneurs. The combined expertise of Benvest's diversified team focuses on providing added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
A Canadian derivatives exchange that facilitates the trading of stock options, interest rate futures and options, as well as index options and futures. Located in Montreal, Quebec, it is the country's main financial derivative market, while the Winnipeg , Benvest is devoted to maximising shareholder value over the medium term. CONTACT: Benvest Capital Inc. David Ham, 514/877-4299 |
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