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TORONTO, Dec. 29, 2020 /CNW/ - Canada House Wellness Group (CSE: CHV) (
Canada House or the
Company ) is pleased to report its financial results for the three and six months ending October 31, 2020. All amounts are stated in thousands of Canadian dollars and can be found at www.sedar.com.
Financial Highlights:
Cash position was $1,616 as at October 31, 2020 compared to $1,767 as at April 30, 2020.
Revenue for the three and six months ending October 31, 2020 was $2,263 and $4,790, an increase of $972 and $2,209 or 75% and 86% compared to $1,291 and $2,581 for the same periods in the prior year.
Loss and Comprehensive loss for the three and six months ending October 31, 2020 was $2,059 and $2,691 compared to $1,717 and $3,439 for the same periods in the prior year.