Sign up Australia
Proactive Investors - Run By Investors For Investors

Deer Horn Capital cuts losses, boosts revenue from organic retailing arm

Deer Horn Capital Inc recorded an improved balance sheet on Thursday as its operating loss was sharply reduced in the third quarter, while boosting revenues from its organic retailing division
Deer Horn Capital cuts losses, boosts revenue from organic retailing arm
Revenues burgeon as losses are cut at Deer Horn Capital

Deer Horn Capital Inc (CVE:DHM, CNSX:DHC) recorded an improved balance sheet on Thursday as its operating loss was sharply reduced in the third quarter, while boosting revenues from its organic retailing division.

The Vancouver-based company said that operating loss was C$263,371 in the three months ended April 30 versus C$317,986 in the same period a year ago.

Comprehensive loss for the period, at C$263,371, was also markedly down from C$579, 786 a year earlier. It means the loss per share shrank to 1 cent from 3 cents.

Revenue from its organic retailing division, which includes the organic food stores called Bodhi Natural Market, in the nine months ended April 30 was C$486,389, versus nil a year ago.

View full DHC profile View Profile

Deer Horn Capital Timeline

Related Articles

cake
April 17 2018
The group's major shareholders have staunchly supported the business while the AIM-listed group sorts out its financial position

No investment advice

The information on this Site is of a general nature only. It does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions. You acknowledge and understand that neither the Company, its related bodies corporate, the information providers or their affiliates will advise you personally about the nature, potential value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter. You should read our FSG and any other relevant disclosure documents and if necessary seek persona advice prior to making any investment decision.

You understand and agree that no Content (as defined below) published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person.

You understand that in certain circumstances the Company, its related bodies corporate, the information providers or their affiliates may have received, or be entitled to receive, financial or other consideration in connection with promoting, and providing information about, certain entities on the Site and in communications otherwise provided to you.

You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate. From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Before you act on any general advice we provide, please consider whether it is appropriate for your personal circumstances.

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use