Elysee Development Corp. announced unaudited earnings results for the third quarter and nine months ended August 31, 2018. Elysee realized gains on marketable securities of $548,191 and earned interest and dividend income of $40,932 during the third quarter, with net earnings for the period of $195,774 or $0.01 per share after taking into account unrealized losses of $315,323 and operating expenses of $80,090.

During the nine months ended August 31, 2018, Elysee had net earnings of $1,195,025 or $0.06 per share as compared with net earnings of $357,992 or $0.02 per share for the nine months ended August 31, 2017. The earnings for the current period were primarily the result of realized gains on marketable securities of $1,966,531 and interest and dividend income of $87,043, offset by unrealized losses on marketable securities of $503,414.

With earnings per share during the first nine months of fiscal 2018 of $0.06 per share, the company is confident of continuing strong performance through the final months of the fiscal year and beyond.