02:48 PM EDT, 08/08/2024 (MT Newswires) -- Clarke (CKI.TO), an investment and real estate company, on Thursday swung to a second quarter profit even as revenues edged lower.

For the three months ended June 30, 2024, Clarke reported net income of $1.8 million compared to a loss of $0.5 million a year earlier. It reported comprehensive income of $0.9 million versus a loss of $0.8 million and basic and diluted earnings per share of $0.13 compared to $0.03.

Clarke also reported hotel and rental revenue of $15.1 million versus $15.7 million a year.

Provision of services revenue was $2.3 million compared to $2.4 million.

CKI was down 3.4% at $23.90.

Price: 23.90, Change: -0.85, Percent Change: -3.43