Genterra Capital Inc. ("GCI") reports first quarter financial results

Feb 11, 2013, 12:21 ET from Genterra Capital Inc.

(TSX Venture - "GIC" - Common)

TORONTO, Feb. 11, 2013 /CNW/ - Effective October 1, 2011, GCI began preparing its consolidated financial statements in accordance with International Financial Reporting Standards.

Revenues for the three month period ended December 31, 2012 increased to $843,890 from $821,411 in the comparable 2011 period. Net Loss for the period was $214,394 compared to Net Income of $161,008 in the comparable 2011 period.  Loss per share for the period was $0.02 compared with Earnings of $0.02 in the comparable 2011 period.

Genterra Capital Inc. is a management and holding company whose assets include rental real estate properties and investments.

Disclaimer:  Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Genterra Capital Inc.