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Yorkton Equity Group Inc. Announces Financial Results for the Second Quarter Ended June 30, 2026

Newsfile Corp•19/08/2026•18:04 ET
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Edmonton, Alberta--(Newsfile Corp. - August 19, 2026) - Yorkton Equity Group Inc. (TSXV: YEG) ("Yorkton" or the "Company") announces its financial results for the second quarter ended June 30, 2026.

"Yorkton delivered strong growth in the second quarter, with residential rental revenue increasing 44% and net operating income increasing 45% compared to the same period last year," said Ben Lui, President and Chief Executive Officer. "The acquisition of The Crystallina Residence in January 2026 contributed meaningfully to this growth. The Company's fair value adjustment during the quarter was primarily related to its British Columbia properties. As we transition our portfolio toward Alberta, we believe the planned disposition of these non-core properties in British Columbia will allow us to focus our capital and operating resources on the Alberta market, where we see greater opportunities for long-term growth. In addition, the proposed acquisition of Lui International Group Inc., as previously announced, is an important part of this strategy and is expected to further strengthen our operating cash flow and earning capabilities in Alberta through the vertical integration of property management operations."

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