This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Aston Hill Financial earns $4.1-million in Q2 2008-08-27 13:55 ET - News Release Mr. Eric Tremblay reports ASTON HILL ANNOUNCES SECOND QUARTER RESULTS Aston Hill Financial Inc. has filed the unaudited interim
consolidated financial statements for the period ended June 30, 2008, and
related management discussion and analysis with Canadian securities regulatory
authorities. Copies of these documents may be obtained via SEDAR.
Aston Hill's net income for the three months ending June 30, 2008, was
$4.1-million. This included revenue from management and acquisition fees of
$2.3-million, and income from investing activities of $4.0-million, offset by
net operating expenses of $2.2-million.
The highlight of the second quarter consisted of the increase in the
value of Aston Hill's investment in Sword Energy Inc. Aston Hill
had increased its ownership in this private oil-and-gas-producing entity in
the first quarter of 2008. Since that time, Sword has benefited from an
increase in value attributed to higher commodity prices, and an increase in
oil and gas reserves value due to property development and acquisition
activities. The remainder is available to Stockwatch subscribers.
If you would like to give the Stockwatch system a try,
click here for a free 30 day trial subscription. | 
Top
Print this Page