Apex Trader Funding - News
TWC Enterprises Limited Announces Second Quarter 2024 Results and Eligible Dividend
KING CITY, Ontario, Aug. 02, 2024 (GLOBE NEWSWIRE) --
Consolidated Financial Highlights (unaudited)
(in thousands of dollars except per share amounts)
Three months ended
Six months ended
June 30,2024
June 30,2023
June 30,2024
June 30,2023
Net earnings
3,159
8,114
2,458
63
Basic and diluted earnings per share
0.13
0.33
0.10
-
Operating Data
Three months ended
Six months ended
June 30, 2024
June 30, 2023
June 30, 2024
June 30, 2023
Canadian Full Privilege Golf Members
15,063
15,156
Championship rounds – Canada
399,000
391,000
399,000
391,000
18-hole equivalent championship golf courses – Canada
35.5
35.5
18-hole equivalent managed championship golf courses – Canada
3.5
2.0
Championship rounds – U.S.
46,000
55,000
136,000
169,000
18-hole equivalent championship golf courses – U.S.
6.5
8.0
The following is an analysis of net earnings:
For the three months ended
(thousands of Canadian dollars)
June 30, 2024
June 30, 2023
Operating revenue
$
62,183
$
64,653
Direct operating expenses (1)
53,049
53,834
Net operating income (1)
9,134
10,819
Amortization of membership fees
1,126
1,137
Depreciation and amortization
(3,681
)
(3,492
)
Interest, net and investment income
2,813
2,201
Other items
(3,902
)
176
Income taxes
(2,331
)
(2,727