Consolidated HCI Holdings Corporation announces its 2016 annual and fourth quarter results

WOODBRIDGE, ON, Dec. 13, 2016 /CNW/ - Consolidated HCI Holdings Corporation today announced its annual and fourth quarter results for fiscal 2016.


3 months ended

September 30

12 months ended

September 30


2016

2015

2016

2015

($000's except earnings per share)










Revenue

$333

$276

$1,243

$1,572






Net earnings for the year

$505

$834

$784

$1,363






Earnings per share

$0.03

$0.04

$0.04

$0.07

 

Net earnings for 2016 includes a fair value gain on the Company's investment properties of $884.

Net earnings for 2015 includes a fair value gain on the Company's investment properties of $1,212.

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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