WOODBRIDGE, ON, May 23, 2018 /CNW/ – Consolidated HCI Holdings Corporation today announced its fiscal 2018 second quarter results.
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3 months ended March 31 |
6 months ended March 31 |
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2018 |
2017 |
2018 |
2017 |
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($000’s except earnings per share) |
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Revenue |
$18 |
$365 |
$37 |
$679 |
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Net earnings (loss) for the period |
$(70) |
$(368) |
$(204) |
$476 |
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Earnings (loss) per share |
$ – |
$(0.02) |
$(0.01) |
$0.02 |
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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
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