Business
Firstfund Reports 2018 Fourth Quarter Results
Firstfund Reports 2018 Fourth Quarter Results Canada NewsWire VANCOUVER, April 3...
About this update from Consolidated Firstfund Capital Corp.
[{"type":"text","content":"\n\n\n\nFirstfund Reports 2018 Fourth Quarter Results\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, April 30, 2019\n\n\n\nTrading Symbol:  FFP\n VANCOUVER, April 30, 2019 /CNW/ - The financial results of Consolidated Firstfund Capital Corp. for the three months ended December 31, 2018 show a net income of $384,628 or $0.06 per share (2017 - $250,460 or $0.04 per share) on revenues of $506,037 (2017 - $323,781).  The Company recorded an unrealized net gain of $424,637 (2017 - $245,302) on the revaluation of the investments in Vitality Products Inc. measured at fair value through profit or loss.  The Company's fee income increased to $80,784 for the three months ended December 31, 2018 (2017 - $77,790).\nThe financial results of the Company for the year ended December 31, 2018 show a net income of $890,608 or $0.14 per share (2017 - $207,936 or $0.03 per share).  The Company recorded an unrealized net gain of $950,287 (2017 - $175,216) on the revaluation of the investments in Vitality Products Inc. measured at fair value through profit or loss.  The Company's fee income decreased to $317,060 for the year ended December 31, 2018 (2017 - $317,520).\nThe Company's audited consolidated financial statements and management's discussion and analysis for the years ended December 31, 2018 and 2017 are available on SEDAR at www.sedar.com.\nAbout Firstfund\nConsolidated Firstfund Capital Corp. (FFP – TSX-V) is a venture capital and property development and management company doing business primarily in Canada and the West Coast of the United States.\nOn behalf of the Board of                                           CONSOLIDATED FIRSTFUND CAPITAL CORP.\n\"W. Douglas Grant\" (signed)\n_____________________________W. Douglas Grant, President & CEO\nNeither TSX Venture Exchange nor its Regulation Services Pr...