Consolidated HCI Holdings Corporation announces its 2010 first quarter
results

WOODBRIDGE, ON, Feb. 11 /CNW/ - Consolidated HCI Holdings Corporation today announced its fiscal 2010 first quarter results. The results, segregating discontinued operations as a result of previously announced and now completed asset sales, are as follows:

    
                                                            3 months ended
                                                              December 31
                                                           2009         2008
                                                        ---------------------
                                                                ($000's)
    Continuing operations

      Revenue                                            $5,965       $9,258
                                                        ---------------------
                                                        ---------------------
    Net earnings for the period from continuing
     operations                                          $  859       $1,102

    Net earnings for the period from discontinued
     operations                                               -            7
                                                        ---------------------
    Net earnings for the period                          $  859       $1,109
                                                        ---------------------
                                                        ---------------------

    Earnings per share from:
      Continuing operations                              $ 0.04       $ 0.05
      Discontinued operations                                           0.00
                                                        ---------------------
                                                         $ 0.04       $ 0.05
                                                        ---------------------
                                                        ---------------------
    

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: For further information: Mr. Arnold J. Resnick, (905) 851-7741 (106)


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