Gendis Inc. (GDS.TO) reported first-quarter net income of C$0.2 million or C$0.02 per share, compared to the net loss of C$0.3 million or C$0.02 per share in the same period last year.
The company attributed the increase in earnings to reduction in fair value declines for investment properties over the quarter.
Total revenue for the quarter declined to C$1.5 million from C$1.6 million in the year-ago comparable quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.