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

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

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