Home Tag "Barita Investments Limited"

Barita Investments Reporting 84.2% Improvement In Net Profits For 2018 Financial Year

Barita Investments Limited is reporting an 84.2 percent improvement in net profits to JA$374 Million for the financial year ending September 30th 2018. Commenting on the results Chairman Mark Myers reported to shareholders that this was achieved on the back of both higher net interest income and non-interest income streams. Amid a 29.2 percent decline […]

Paramount Trading Revenue Continues To Reflect Growth, Net Profits However Declining

Barita Investments Continues To Feel Effects Of JA$ Strengthening Against The US$

Chairman of Barita Investments Limited Rita Humphries-Lewin, is reporting that for the March 2018 quarter the company achieved growth in key revenue drivers, namely interest income, fees and commission income and cambio trading and translation gains. Commenting further on the company’s performance she reported that net profit for the three months totaled JA$88 million, compared […]

Paramount Trading Revenue Continues To Reflect Growth, Net Profits However Declining

Barita Investments Posts Before Tax Profits of Over $330m

Founder and Chairman of Barita Investments Limited, Rita Humphries-Lewin, is reporting for the financial year ending September 30, 2017 the company posted profit before tax just over $330-million. Barita Investments posted $331-million, moving from an over 10-percent decline in interest income year-on-year to more than $1-billion. Addressing shareholders, she reported that Net Pro?t was negatively […]

GraceKennedy CEO Don Wehby Announces Senior Management Changes

Mark Myers Led Cornerstone United Holdings Makes Offer For Majority Stake In Barita Investments Limited

Barita Investments Limited has now disclosed that it has received an offer from the Mark Myers led Cornerstone United Holdings Jamaica Limited to purchase the majority share holdings of the Company. The terms and conditions of this acquisition are dependent on the outcome of negotiations which are yet to be finalized. Cornerstone United Holdings Jamaica […]

GraceKennedy CEO Don Wehby Announces Senior Management Changes

Rita Humphries-Lewin Receives Offer To Acquire Majority Shareholdings In Barita Investments.

Barita Investments Limited has advised that the Company has received an offer to acquire majority shareholdings in the Company. Founder and Chairman, Rita Humphries-Lewin who started the company in the 1970s, is currently the majority shareholder with a 76 percent shareholding of 340 million shares, is seen as the likely target. The Company’s Board of […]

GraceKennedy CEO Don Wehby Announces Senior Management Changes