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Maple Peak fiscal Q1 profit climbs YOY

Maple Peak Investments Inc. said its normalized net income for the fiscal first quarter ended July 31 amounted to C$8,240, a rise from C$140 in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

Reported net income rose year over year to C$13,180, or 0 cents per share, from C$230.