Graystone Corporation
TSX : GRY

Graystone Corporation

August 12, 2005 17:37 ET

Graystone Corporation: 2005 Third Quarter Results

TORONTO, ONTARIO--(CCNMatthews - Aug. 12, 2005) - Graystone Corporation (TSX:GRY) announced today that net income for the nine months ended June 30, 2005 was $16.1 million or $0.28 per participating share, as compared to $26.6 million or $0.48 per participating share for the same period in 2004.



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Three months Nine months
(in millions of US $, except ending June 30 ending June 30
per share amounts) 2005 2004 2005 2004
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Revenue $ 4.8 $ 12.6 $ 20.4 $ 40.0
Net income $ 4.2 $ 6.8 $ 16.1 $ 26.6
Income per participating share $ 0.08 $ 0.12 $ 0.28 $ 0.48
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Graystone conducts investing and financing activities. The Company's shares are listed on the TSX under the symbol GRY.

Contact Information

  • Graystone Corporation
    Carol Mendoza
    Controller
    (416) 867-9079
    (416) 867-1961 (FAX)
    Suite 402 - 4 King Street West
    Toronto, Ontario, M5H 1B6