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

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