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30.04.2019 23:00:00

Consolidated HCI Holdings Corporation Announces Its 2019 Second Quarter Results

WOODBRIDGE, ON, April 30, 2019 /CNW/ -

Consolidated HCI Holdings Corporation today announced its fiscal 2019 second quarter results.



3 months ended

March 31

6 months ended

March 31


2019

2018

2019

2018

($000's except earnings per share)










Revenue

$2

$18

$5

$37






Net loss for the period

$(118)

$(70)

$(234)

$(204)






Loss per share

$(0.006)

$(0.003)

$(0.011)

$(0.010)

 

Net earnings for the first six months of 2019 include a $29 cost sharing recovery from a prior year land development project.

Net earnings for the first six months of 2018 include foreign exchange gains of $110.

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 NEX board under the symbol "CXA.H"

SOURCE Consolidated HCI Holdings Corporation

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