Clairvest Group Inc. results for six months ended September 30, 1995.TORONTO, Ontario--(BUSINESS WIRE)--Nov. 21, 1995-- CLAIRVEST GROUP INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : CVG CVG Convergys Corp CVG Corporación Venezolana de Guayana CVG Clear Vertical Grain (woodworking) CVG Carrier Group CVG Corporacion Venezolana de Guyana CVG Comprehensive Video Group (South Hackensack, NJ, USA) ) Clairvest Group Inc. announced its results from operations for the six month period ended September 30, 1995. Net income was $6.9 million or $0.56 per share on revenue of $34.5 million. The net income for the comparable period ended September 30, 1994 was $3.1 million or $0.25 per share on revenue of $30.3 million. Fully diluted di·lute tr.v. di·lut·ed, di·lut·ing, di·lutes 1. To make thinner or less concentrated by adding a liquid such as water. 2. To lessen the force, strength, purity, or brilliance of, especially by admixture. net income per share was $0.39, compared to $0.22 for the same period last year. Included in the results is Clairvest's equity accounted share of Continental Pharma Cryosan Inc. (name changed to IBEX ibex (ī`bĕks), wild goat, genus Capra, found in rugged country on mountain ranges from central Asia to the Himalayas, S Europe, and NE Africa. Technologies Inc.) net income to June 30, 1995 of $1.4 million and dividend income, recorded in the second quarter, of $5.0 million, both are predominantly pre·dom·i·nant adj. 1. Having greatest ascendancy, importance, influence, authority, or force. See Synonyms at dominant. 2. attributable to the sale of IBEX's subsidiary, ConPharma Home HealthCare Inc. Clairvest's success in this investment confims our disciplined, longer term investment approach to creating shareholder value. Clairvest Group Inc. is a Toronto-based merchant bank that invests in and assists in the management of carefully selected, emerging companies. It contributes management expertise as well as capital resources to stimulate the growth and development of its partners, in order to build long-term value. The Group's Board of Directors includes well-known entrepreneurs who have founded successful businesses and committed their own capital to the Company. CONTACT: James H. McKelvie, C.A. Managing Director and Vice-President, Finance (416) 925-9270 |
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