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Queen's Road Capital Announces US$115 Million After-Tax Earnings for Fiscal Year 2025
Hong Kong, Hong Kong--(Newsfile Corp. - November 17, 2025) - Queen's Road Capital Investment Ltd...
About this update from Queen's Road Capital Investment Ltd.
[{"type":"text","content":"Queen's Road Capital Announces US$115 Million After-Tax Earnings for Fiscal Year 2025Hong Kong, Hong Kong--(Newsfile Corp. - November 17, 2025) - Queen's Road Capital Investment Ltd. (TSX: QRC) (the \"Company\" or \"QRC\") is pleased to announce it has recorded after-tax earnings of US$115 million or C$3.25 per share for the fiscal year ended August 31, 2025, representing a Price-to-Earnings ratio of 2.4x at August 31, 2025.QRC ended the year with a US$213 million portfolio of convertible debentures as well as US$130+ million of highly liquid equity investments. Today, the convertible debenture portfolio is at US$223 million and earns a coupon of 9.7%, generating approximately US$22 million of annual interest income. The Company also ended the 2025 fiscal year with an all-time high month-end net asset value (\"NAV\") and a near record low price-to-NAV multiple.Warren Gilman, Chairman & CEO, stated: \"After a record 2025 fiscal year, 2026 is off to a strong start with uranium, copper and gold equities in high demand. Our portfolio's current commodity exposure is approximately 50% uranium, 25% copper and 25% precious metals, a mix which should see further gains for Queen's Road shareholders in the future.\"Shareholder support continues to be extremely strong. 69% of shareholders participated in the dividend reinvestment plan (\"DRIP\") with regards to the November 13th dividend payment. A total of 959,314 shares were issued from treasury at a share price of C$8.26 per share. As announced on October 14, 2025, the Company will be moving to a semi-annual dividend in 2026 with payments expected in May and November.Queen's Road Capital is a dividend paying, leading financier to the global resource sector. The Company is a resource focused investment company, making investments in privately held and publicly traded companies. The Company acquires and holds securities for long-term capital appreciation, with a focus on convertible debt securities and resource projects in advanced development or production located in politically safe jurisdictions.Neither TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.FOR FURTHER INFORMATION, visit the Company's website at www.queensrdcapital.com or contact by email [email protected]...