Gencan Capital Inc. reports year-end financial results

TORONTO, Jan. 23, 2018 /CNW/ - Gencan Capital Inc. (CSE - "GCA" - Common)

Gencan Capital Inc. today announced its financial results for its fiscal year ended September 30, 2017.  Revenues for the year were $474,288, yielding a net loss of $9,100 and a loss per share of $0.00. This compares with revenues of $543,645, net income of $31,448 and net income per share of $0.00 for the 2016 fiscal year.  During the current period the Company's revenue decreased due to lower irradiance and an unexpected loss of power during September.

Gencan Capital Inc. is a Canadian Company with significant interests in solar generation equipment located in Ontario, Canada.

SOURCE Gencan Capital Inc.

Stan Abramowitz, Secretary, [phone]