Consolidated HCI Holdings Corporation Announces its 2015 Annual and Fourth Quarter Results

WOODBRIDGE, ON, Dec. 15, 2015 /CNW/ - Consolidated HCI Holdings Corporation today announced its annual and fourth quarter results for fiscal 2015.



3 months ended

September 30


12 months ended

September 30



2015

2014


2015

2014

($000's except earnings per share)














Revenue


$276

$166


$1,572

$1,777








Net earnings (loss) for the year


$834

$(642)


$1,363

$(168)








Earnings (loss) per share


$0.04

$(0.03)


$0.07

$(0.01)

Net earnings for 2015 includes a fair value gain on the Company's investment properties of $1,212. The 2014 net loss includes a loss in fair value of these properties of $597.

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)


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