CONSOLIDATED HCI HOLDINGS CORPORATION ANNOUNCES ITS 2011 SECOND QUARTER RESULTS

WOODBRIDGE, ON, May 12 /CNW/ - Consolidated HCI Holdings Corporation today announced its fiscal 2011 second quarter results. The results, segregating discontinued operations as a result of a previously announced and now completed asset sale, are as follows:

  3 months ended
March 31
6 months ended
March 31
  2011 2010 2011 2010
  ($000's) ($000's)
Continuing operations        
    Revenue $4,008 $4,507 $8,468 $10,394
         
Net earnings for the period  from  continuing operations $311 $445 $1,000 $1,254
         
Earnings for the period from discontinued operations, net of income taxes 2,914 51 2,968 101
Net earnings for the period $3,225 $496 $3,968 $1,355
         
Earnings per share from:        
    Continuing operations $0.02 $0.02 $0.05 $0.07
    Discontinued operations 0.14 - 0.14 -
  $0.16 $0.02 $0.19 $0.07

Consolidated HCI Holdings Corporation is an Ontario-based real estate and development company that trades on The Toronto Stock Exchange under the symbol "CXA.B" 

SOURCE Consolidated HCI Holdings Corporation

For further information:

Mr. Arnold J. Resnick, CFO
905-851-7741 (106)


FORFAITS PERSONNALISÉS

Jetez un coup d’œil sur nos forfaits personnalisés ou créez le vôtre selon vos besoins de communication particuliers.

Commencez dès aujourd'hui .

ADHÉSION À CNW

Remplissez un formulaire d'adhésion à CNW ou communiquez avec nous au 1-877-269-7890.

RENSEIGNEZ-VOUS SUR LES SERVICES DE CNW

Demandez plus d'informations sur les produits et services de CNW ou communiquez avec nous au 1‑877-269-7890.