TORONTO, Aug. 21, 2020 (GLOBE NEWSWIRE) — Partners Value Investments L.P. (the “Partnership” TSX: PVF.UN TSX:PVF.PR.U) announced today its financial results for the three months ended June 30, 2020. All amounts are stated in US dollars.
The Partnership had a net loss of $11 million for the quarter ended June 30, 2020 compared to a net loss of $35 million in the prior year period. The decrease in net loss was primarily attributable to an increase in valuation gains, offset by an increase in foreign currency losses.The market price of a Brookfield share was $32.90 per share on June 30, 2020 compared to $38.53 at December 31, 2019, adjusted for the three-for-two stock split effective April 1, 2020.Consolidated Statements of Operations
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