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Canaf Investments Inc V.CAF

Alternate Symbol(s):  CAFZF

Financial Services Asset Management
Canaf Investments Inc. is focused on investing in diverse sectors in South Africa. The Company owns 100% of Quantum Screening and Crushing (Pty) Ltd., (Quantum), a South African company that owns 70% of Southern Coal (Pty) Ltd., (Southern Coal), a company that produces a high carbon, de-volatized (calcined) anthracite. It also owns 100% of Canaf Investments (Pty) Ltd., a South African holding company that owns 100% of Canaf Estate Holdings (Pty) Ltd., 100% of Canaf Agri (Pty) Ltd., and 100% of Canaf Capital (Pty) Ltd. Southern Coal processes anthracite coal into de-volatized anthracite (calcined anthracite) for sale mostly to steel and ferromanganese manufacturers as a substitute product for coke. Canaf Estate Holdings (Pty) Ltd. is a property investment company focused on acquiring, redeveloping and renting properties primarily within the suburbs of the old Johannesburg CBD. Canaf Agri (Pty) Ltd. is exploring investment opportunities in the agriculture sector in South Africa.


TSXV:CAF - Post by User

Canaf Investments Inc
Bullboard Posts
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Post by dazed4lifeon May 29, 2018 10:31pm
55 Views
Post# 28096948

Foreign currency translation

Foreign currency translation
Hi JR. I have a question about the foreign currency translation in the last quarter. What is it and why was it so high in the last quarter? It was 365k which contributed a huge portion of the net comprehensive income. Is this expected to be similar in upcoming quarters? Thanks again
Bullboard Posts
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