Consolidated HCI Holdings Corporation announces its 2010 third quarter
results

WOODBRIDGE, ON, Aug. 12 /CNW/ - Consolidated HCI Holdings Corporation today announced its fiscal 2010 third quarter results. The results, segregating discontinued operations as a result of previously announced and now completed asset sales, are as follows:

    
                                          3 months ended     9 months ended
                                             June 30             June 30
                                          2010      2009      2010      2009
                                             ($000's)            ($000's)
    Continuing operations
      Revenue                         $  4,981  $ 14,904  $ 15,532  $ 28,742
                                     ----------------------------------------
                                     ----------------------------------------
    Net earnings for the period
     from continuing operations       $    434  $  1,182  $  1,789  $  3,195

    Earnings for the period from
     discontinued operations,
     net of income taxes                     -         -         -         7
                                     ----------------------------------------
    Net earnings for the period       $    434  $  1,182  $  1,789  $  2,020
                                     ----------------------------------------
                                     ----------------------------------------

    Earnings per share from:
      Continuing operations           $   0.02  $   0.06  $   0.09  $   0.16
      Discontinued operations                -         -         -         -
                                     ----------------------------------------
                                      $   0.02  $   0.06  $   0.09  $   0.16
                                     ----------------------------------------
                                     ----------------------------------------
    

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, CFO, 905-851-7741 (106)


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890