Gencan Capital Inc. reports year-end financial results

TORONTO, Jan. 23, 2019 /CNW/ - (CSE - "GCA" - Common)

Gencan Capital Inc. today announced its financial results for its fiscal year ended September 30, 2018.  Revenues for the year were $334,724, which together with the Company's gain on sale of its solar energy generation equipment of $823,993, yielded income of $609,799 and income per share of $0.04. This compares with revenues of $474,288, a net loss of $9,100 and net loss per share of $0.00 for the 2017 fiscal year.

With the completion of the Company's sale of the solar energy generation equipment, Management is currently evaluating potential new prospects for the Company.

SOURCE Gencan Capital Inc.

Stan Abramowitz, Secretary [phone]