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Elysee Development Corp.

10:28 AM EST - Elysee Development Corp. : Announced its audited financial results for the fiscal year ended November 30, 2017. Elysee had net earnings of $651,448 ($0.03 per share) as compared with net earnings of $3,617,285 ($0.17 per share) for the fiscal year ended November 30, 2016. The earnings for the current year were primarily the result of realized gains on marketable securities of $1,797,949 and interest and dividend income of $94,546, offset by unrealized losses on marketable securities of $628,118. Net investment income in fiscal 2017 totaled $1,255,515 as compared to $4,236,480 in fiscal 2016. Elysee Development Corp. shares V.ELC are trading unchanged at $0.31.