Barita Investments Limited is reporting for the quarter ending June 30th 2019 net profits of JA$912 Million, which the company says represents a third consecutive quarter of record profits. Commenting on the Groups unaudited results, Chairman Mark Myers, reported that for the nine months their focus on revenue growth and diversification has continued to bear […]
Barita Investments Reporting 379.7% Improvement In Q1 Net Profit To JA$108M, Even Amidst Significant Impact By Foreign Currency Translation Losses
Barita Investments Limited is report a 379.7% improvement in net profit to JA$108.4 million, even amid a significant impact by foreign currency translation losses totaling $179.5 million for the first quarter of the 2019 financial year. With a stable currency, the profit levels would have been $288 million for the quarter they report. Mark Myers […]
Cornerstone Investments Holdings Offers Rita Humphries-Lewin JA$3B To Acquire Majority Position In Barita Investments.
Cornerstone Investments Holdings Limited has formally presented its offer to acquire a majority position in Barita Investments. The offer of JA$9.20 for approximately 334 million Barita shares is expected to cost Cornerstone Investments JA$3 Billion. Corner Stone is seeking to acquire no more and no less than 75 percent of the company, as they intend […]
