Dream Unlimited Corp. reported a strong third quarter with net earnings of $27.4 million, a notable increase from $9.8 million in the previous year, driven by solid performance across its core operating business.
- Net margin reached $24.1 million, showcasing robust growth from last year's $9.8 million.
- Asset Management division saw revenue of $14.5 million and a net margin of $11 million, reflecting steady base growth.
- Western Canada Development generated $61.6 million in revenue with 137 lot sales, primarily driven by strong activity in Calgary's Alpine Park.
- Management remains optimistic about the economic outlook, citing potential for growth from major projects and strategic positioning despite broader economic uncertainties.
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