Gulf & Pacific Equities Corp.
TSX VENTURE : GUF

Gulf & Pacific Equities Corp.

August 25, 2006 17:47 ET

Gulf & Pacific Second Quarter Results

TORONTO, ONTARIO--(CCNMatthews - Aug. 25, 2006) - Gulf and Pacific Equities Corp. (TSX VENTURE:GUF) is pleased to announce the second quarter's financial results for fiscal 2006 and 2005 as summarized below:



Three Months Ended Six Months Ended
(Unaudited) (Unaudited)
June 30, June 30,
2006 2005 2006 2005
------------------------ -------------------------

Revenue $ 496,226 $ 444,863 $ 960,928 $ 920,717
Loss for the period $ (277,342) $ (223,035) $ (421,400) $ (314,062)
Loss per common
share - basic
and diluted $ (0.04) $ (0.03) $ (0.06) $ (0.04)
Weighted average
number of common
shares outstanding
during the period
- basic and diluted 7,695,883 7,506,371 7,629,363 7,506,371


Gulf and Pacific Equities Corp. is active in the acquisition, management and development of grocery store-anchored shopping centres in Western Canada.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.

Contact Information

  • Gulf and Pacific Equities Corp.
    Mr. Anthony J. Cohen
    President and Chief Executive Officer
    (416) 968-3337
    (416) 968-3339 (FAX)
    or
    Gulf and Pacific Equities Corp.
    Suite 300, 1300 Bay Street
    Toronto, Ontario M5R 3K8
    (416) 968-3337
    (416) 968-3339 (FAX)