U.S. Markets open in 6 hrs 58 mins

Gencan Capital Inc. - Third Quarter Financial Results

TORONTO , Aug. 23, 2019 /CNW/ - Gencan Capital Inc. (CSE - "GCA" – Common)

Revenues for the nine month period ended June 30, 2019 were $4,526 compared to $322,653 in the comparable 2018 period.  Net Loss for the period was $78,438 compared to $31,143 in the comparable 2018 period.  Loss per share for the period was $0.00 in both the current and 2018 period.

As a result of the July 2018 sale of the Company's solar equipment, no solar energy generation revenue was earned during the nine months ended June 30 , 2019.  Management continues to evaluate potential new prospects for the Company.

SOURCE Gencan Capital Inc.


View original content: http://www.newswire.ca/en/releases/archive/August2019/23/c6588.html