Amica Mature Lifestyles books Q4 loss, fiscal year ends with $10.6 million loss

Amica Mature Lifestyles books Q4 loss, fiscal year ends with $10.6 million los

August 13, 2012 - 9:08 AM

VANCOUVER - Amica Mature Lifestyles Inc. (TSX:ACC) had a $4 million net loss in its fiscal fourth quarter, and a $10.6 million loss for the full 2012 financial year ended May 31. The Vancouver-based company, which operates luxury seniors residences, has been losing money on its property ownership activities due to acquisitions. Revenue increased to $21.6 million in the fourth quarter, up 24 per cent from a year earlier, while annual revenue was $77.7 million in fiscal 2012 — up 18 per cent from $59.3 million in fiscal 2011.

News from © The Canadian Press, 2012

More News ...

iN RESPONSE: Readers have their say
Following are a collection of reader responses to stories or letters to the editor for the first week of November 2024. They have been edited slightly for readability. Got something you want to add? Send an email to editor Marshall Jo

MATCHMAKING SERVICE: Young Agrarians hook up wannabe farmers with land in Okanagan
An organization that matches young, aspiring farmers to landholders has noticed fewer people are investing in orchards and vineyards in the Okanagan following the industry’s challenges this year. Young Agrarians is a national organiza

BC Interior pot shop fined $1,000 for having a sale
Having a sale is a normal thing that stores do if they've got inventory to shift and bills to pay, but a BC weed store has fallen foul with the government for slashing prices. Cost Cannabis in Revelstoke has been fined $1,000 for advert

Kelowna trailer park residents face 'demoviction' from their affordable homes
Walking into Central Mobile Home Park in Kelowna you see well kept yards, towering evergreen trees, people walking their dogs and chatting with neighbours. The community of mostly seniors is slated to razed to make space for redevelopment but the

Popular kelowna News

Kelowna medical clinic’s paid memberships could be a ‘legal grey zone’
A Canadian healthcare advocacy group is warning patients that a Kelowna medical clinic offering paid memberships may be in a legal grey zone. Pandosy Village Medical Clinic offers a f
October 25, 2024 7:00 AM
Kelowna RCMP looking for help to identify raging dog walker
Kelowna RCMP investigators are hoping someone will recognize a man wanted for damaging a vehicle a month ago in what sounds like a road rage. Officers were called to a report of mischief in
October 24, 2024 4:00 PM
Amanda Todd's family joins American parents in lawsuit against social media giants
WASHINGTON - When B.C. teenager Amanda Todd sat in front of her computer and detailed the relentless bullying and extortion she'd faced on social media, it sent a shock wave to parents around
October 28, 2024 9:00 PM
It’s time for a Halloween movie marathon. Here’s what AP had to say about 10 iconic horror films
Sometimes, you just have to return to the classics. That’s especially true as Halloween approaches. While you queue up your spooky movie marathon, here are 10 iconic horror movies from
October 27, 2024 3:00 PM
iN PHOTOS: Adorable dogs loving leaves in Kamloops, Okanagan
The autumn leaves are falling and filling up yards in Kamloops and the Okanagan, and while it means a lot of raking has to be done, the leaves are perfect for dogs to play in. Kamloops resid
October 29, 2024 6:00 AM

Trending Now

TRENDING NOW: Golfer's chip shot turns into trick shot

View Site in: Desktop | Mobile

Amica Mature Lifestyles books Q4 loss, fiscal year ends with $10.6 million loss

Trending Now

Kamloops

Kelowna

Penticton

Vernon