Tri-City Mall Source: Gulf & Pacific

Gulf & Pacific Equities (GUF) has announced financial results for Q2 2022.

Revenue increased 0.8 per cent to C$1,007,691 for the quarter, compared to $999,206 in Q2 2021, reflecting consumers’ returning comfort with in-person shopping.

The company currently owns three retail assets located in Three Hills, St. Paul, and Cold Lake, Alberta.

Gulf & Pacific Equities acquires, manages, and develops anchored shopping malls in rural centres in Western Canada.

Gulf & Pacific Equities (GUF) is unchanged trading at $0.33 per share as of 10:10 am ET.

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