Dundee Corporation operates in the Apartment building operators sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Dundee with three other
companies in this sector in Canada:
InterRent Real Estate Investment Trust
(2016
sales of 97.47 million Canadian Dollars [US$79.31 million]
of which 100%
was Real Estate Properties),
Killam Apartment REIT
(175.27 million Canadian Dollars [US$142.61 million]
of which 89%
was Multi-Family Apartments), and
Northview Apartment REIT
(332.46 million Canadian Dollars [US$270.51 million]
of which 81%
was Multi-family).
Sales Analysis.
Dundee reported sales of C$226.82 million (US$184.56 million)
for the
year ending
December of 2016.
This
represents
a
decrease of 19.2%
versus 2015, when the company's sales were C$280.73 million.
Contributing to the drop in overall sales was the 70.0% decline
in Corporate and Other Portfolio Holdings, from C$11.55 million to C$3.46 million.
There were also decreases in sales in
Asset Management (down 29.7% to C$63.58 million)
and
Resources (down 22.2% to C$20.13 million)
.
However, these declines were partially offset by the increase in sales of
Real Estate (up 9.8% to C$97.66 million)
and
Agriculture (up 27.0% to C$84.02 million)
.