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The Western Investment Company of Canada Limited: Western Investment Company Files Second Quarter Statements and Reports Strong Revenue and Net Income Growth

The Western Investment Company of Canada Limited: Western Investment Company Files Second Quarter Statements and Reports Strong Revenue and Net Income Growth
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Western Investment Company Files Second Quarter Statements and Reports Strong Revenue and Net Income Growth

Western Investment Company Files Second Quarter Statements and Reports Strong Revenue and Net Income Growth
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The Western Investment Company of Canada Limited: Western Investment Company Reports Positive Net Income for Final Quarter of 2020 and Expects Fortress Insurance and GlassMasters to Be Key Drivers of Growth in 2021

The Western Investment Company of Canada Limited: Western Investment Company Reports Positive Net Income for Final Quarter of 2020 and Expects Fortress Insurance and GlassMasters to Be Key Drivers of Growth in 2021 WICC CEO, Scott Tannas provided the following commentary: The past year was a battle. It seemed every day brought new challenges and required skills and endurance beyond any previous measure. I m pleased to report that WICC and its portfolio companies have come through intact and are ramping up for a strong 2021. While our 2020 year end results show a net loss of $3.615 million, the majority of this is a non - cash write down of goodwill taken during the turbulent and uncertain days at the onset of the pandemic. With that difficult period behind us, our team is focused on achieving a record year for sales and net income in 2021.

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