GWest had its investment properties revalued in March, which resulted in the substantial gain. This also benefited the company as it recorded a $2.85 million gain on disposal of its investment properties, while it recorded a larger foreign exchange loss of $10.06 million.

GWest began construction of its ambulatory surgical centre and overnight patient units which it expects to be completed by the end of the second quarter (July – September) and increase revenue.

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