Consolidated HCI Holdings Corporation Announces its 2018 Second Quarter Results
May 23 2018 - 11:23AM
PR Newswire (Canada)
WOODBRIDGE, ON, May 23, 2018 /CNW/ - Consolidated HCI Holdings
Corporation today announced its fiscal 2018 second quarter
results.
|
3 months
ended
March 31
|
6 months
ended
March 31
|
|
2018
|
2017
|
2018
|
2017
|
($000's except
earnings per share)
|
|
|
|
|
|
|
|
|
|
Revenue
|
|
$18
|
$365
|
$37
|
$679
|
|
|
|
|
|
|
Net earnings (loss)
for the period
|
|
$(70)
|
$(368)
|
$(204)
|
$476
|
|
|
|
|
|
|
Earnings (loss) per
share
|
|
$ -
|
$(0.02)
|
$(0.01)
|
$0.02
|
Net earnings for the first six months of 2018 include foreign
exchange gains of $110.
Net earnings for the first six months of 2017 include rental
revenue from the Company's investment properties of $629 and fair value gains on those investment
properties of $909. As previously
reported, the investment properties were sold on June 30, 2017.
With the sale of its investment properties in 2017, the Company
discontinued and divested a substantial portion of its operations
and ceased to be actively engaged in ongoing business.
Consolidated HCI Holdings Corporation is an Ontario-based company that trades on the NEX
board under the symbol "CXA.H"
SOURCE Consolidated HCI Holdings Corporation
Copyright 2018 Canada NewsWire
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