Bay Street News

PARTNERS VALUE INVESTMENTS L.P. ANNOUNCES 2019 ANNUAL RESULTS

TORONTO, March 27, 2020 (GLOBE NEWSWIRE) — Partners Value Investments L.P. (the “Partnership” TSX: PVF.UN TSX:PVF.PR.U) announced today its financial results for the year ended December 31, 2019. All amounts are stated in US dollars.
The Partnership generated net loss of $4 million for the year ended December 31, 2019 compared to net income of $125 million in the prior year. The decrease in net income was primarily driven by foreign currency and valuation losses.The market price of a Brookfield share was $57.80 as at December 31, 2019 (2018 – $38.35).Consolidated Statements of Operations
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