Halmont Properties Corporation announced earnings results for the first quarter ended March 31, 2017. For the quarter, the company's revenue was $1,148,000 as compared to $1,025,000 a year ago. Net income for common shareholders was $380,000 as compared to $350,000 a year ago. Net income per share for common shareholders was 0.51 cents per share against 0.47 cents per share a year ago. Total net income was $488,000 against $522,000 a year ago. The book value of each common share, based on the company's December 31, 2016 IFRS appraisals and including the net income earned in the first quarter, increased to 44.5 cents per share as at March 31, 2017.