Fonds de Solidarité FTQ posted a positive return of 1.4% for the first six months of the 2022-2023 semester, which ended November 30.
• Also read: Hells’ controversial helicopter pilot and former head of FTQ-Construction goes bankrupt
• Also read: Fonds de Solidarité FTQ: $8 million investment from Groupe Charbonneau
• Also read: Fonds de Solidarité FTQ invests in the digital work environment
This brought the share value up 72 cents to $53.33 for the period from June 30 to November 30, 2022.
However, the score has been different over the past 12 months with a loss of $2.44 per procedure since last December 31st. The 12-month yield was down 4.4%.
Investments of $688 million were made to support Quebec’s economy, a record for the first half.
“Our first-half financial results reflect a highly uncertain economic situation as our portfolio management strategy generated $245 million in profits,” said Janie C. Picquet, President and CEO, in a press release on Friday. From Fonds de Solidarité FTQ.
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