Consolidated HCI Holdings Corporation Announces its 2019 Third Quarter Results
CONCORD, ON, Aug. 7, 2019 /CNW/ - Consolidated HCI Holdings Corporation today announced its fiscal 2019 third quarter results.
3 months ended June 30 | 9 months ended June 30 | |||
2019 | 2018 | 2019 | 2018 | |
($000's except earnings per share) | ||||
Revenue | $- | $22 | $5 | $59 |
Net loss for the period | $(63) | $(74) | $(297) | $(278) |
Loss per share | $(0.003) | $(0.004) | $(0.014) | $(0.014) |
Net earnings for the nine months of 2019 include a $29 cost sharing recovery from a prior year land development project.
Net earnings for the first nine months of 2018 include foreign exchange gains of $110 and $56 of cost recoveries from the Company's house building co-tenancies which were wound up in the third quarter.
With the sale of its investment properties on June 30, 2017, as previously reported, the Company discontinued and divested a substantial portion of its operations and has ceased to be actively engaged in ongoing business.
Consolidated HCI Holdings Corporation is an Ontario-based company that trades on the TSX Venture Exchange (NEX) under the symbol "CXA.H"
SOURCE Consolidated HCI Holdings Corporation
