Gencan Capital Inc. reports third quarter financial results

TORONTO, Aug. 18, 2016 /CNW/ - Gencan Capital Inc. (CSE - "GCA" – Common)

Revenues for the nine month period ended June 30, 2016 were $349,304 compared to $309,197 in the comparable 2015 period. Net Loss for the period was $21,885 compared to net income of $11,669 in the comparable 2015 period.  Income per share was $0.00 in both the current and 2015 periods.

Gencan Capital Inc. is a Canadian Company with significant interests in solar generation equipment located in Ontario, Canada.  The Company is considering expanding into other non-energy related opportunities that will serve to create and maximize shareholder value.

SOURCE Gencan Capital Inc.

Stan Abramowitz, Secretary, [phone]