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Message: GNH's largest holder, Senvest, posts earnings. WOW!

GNH's largest holder, Senvest, posts earnings. WOW!

posted on Apr 01, 2010 03:57PM

Senvest is the largest GNH holder. They are obviously good at what they do......

Mar 31, 2010 18:21 ET

Senvest Capital Reports Results for the Year Ended December 31, 2009

MONTREAL, QUEBEC--(Marketwire - March 31, 2010) - Senvest Capital Inc. (TSX:SEC) today reported revenues of $229,539,235 for fiscal 2009 versus $(48,583,442) in 2008. Net earnings were $169,026,323 or diluted earnings per share of $60.30 for the year ended December 31, 2009. This compares to a net loss of $(48,461,170) or diluted net loss per share of $(18.49) for the same period in 2008.

The 2009 Financial Statements are available on Sedar at www.sedar.com.

CONSOLIDATED STATEMENT OF EARNINGS

For the year ended For the year ended
December 31, 2009 December 31, 2008
Net earnings (loss) $169,026,323 $(48,461,170 )
Diluted earnings (loss) per share $60.30 $(18.49 )
Average number of shares outstanding 2,849,152 2,621,116

For more information, please contact

Senvest Capital Inc.
George Malikotsis
Vice President Finance
514-281-8082 514-281-8082
514-281-0166 (FAX)
www.Senvest.com
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