* Q3 EPS C$0.48 vs loss/shr C$1.63 yr ago
* Net investment gains C$69.5 mln
Nov 11 Pinetree Capital Ltd (PNP.TO), a
Toronto-based diversified investment and merchant banking firm,
reported a third-quarter profit, helped by gains from
For the third quarter, net income was C$63.8 million, or 48
Canadian cents a share, compared with a net loss of C$210.9
million, or C$1.63 a share, a year earlier.
Net investment gains for the quarter were C$69.5 million.
Net asset value per share increased to C$2.39 as at Sept.
30, from $1.33 as at Dec. 31, the company said in a statement.
Shares of the company closed at C$1.61 Wednesday on the
Toronto Stock Exchange.
(Reporting by Koustav Samanta in Bangalore; Editing by Anne