11:52 AM EST - Tricon Capital Group Inc. : announced its results for the three months ended June 30, 2012. Highlights: Net and Comprehensive Income for the quarter ending June 30, 2012 was $2,159,000, approximately $2,668,000 higher than the loss of $509,000 incurred the quarter ending June 30, 2011. Similarly basic and diluted Earnings per Share for Q2 2012 increased to $0.08 per share compared to a loss of $0.03 per share for the corresponding period in 2011. Adjusted Base Revenues for Q2 2012 increased by $2,109,000 or 74% to $4,951,000 when compared to Q2 2011 primarily as a result of Contractual Management Fees and Interest Earned from the co-investment in and the management of the Cross Creek Ranch separate investment account as well as a General Partner Distribution "catch-up" from Tricon XII LP on an additional commitment of $10 million. Tricon Capital Group Inc.
shares T.TCN are trading up $0.04 at $5.29.
