(TSX Venture - "GIC" - Common)
TORONTO, Jan. 28 /PRNewswire-FirstCall/ - Revenues for the year ended September 30, 2009 increased to approximately $3.2 million from $2.8 million in the comparable 2008 period. Net Earnings for the year were $114,989 compared to $302,659 in the preceding year. Earnings per share for the year was $0.01 compared with $0.02 in the comparable 2008 period. Current year earnings were impacted by the tax treatment of capital transactions and the dividends on the retractable preference shares.
Genterra Inc. is a management and holding company whose assets include rental real estate properties, equity investments and loans and mortgages receivable.
Disclaimer: TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
SOURCE Genterra Inc.