Clairvest Reports Fiscal 2021 Fourth Quarter and Year End Results
TORONTO, June 22, 2021 (GLOBE NEWSWIRE) -- Clairvest Group Inc. (TSX:CVG) today reported results for the fourth quarter and year ended March 31, 2021 and material events which occurred subsequent to year end. (All figures are in Canadian dollars unless otherwise stated) Highlights March 31, 2021 book value was $857.8 million or $56.96 per share compared with $843.0 million or $55.98 per share as at December 31, 2020 and $55.55 per share as at March 31, 2020Net income for the quarter was $14.8 million or $0.98 per share due to a net increase in fair value of corporate investments; Net income for fiscal 2021 was $104.8 million or $6.96 per shareBook value per share grew by 12.6% during