Home Tag "Cornerstone United Holdings Jamaica Limited"

Barita Investments Limited Reporting Net Profits Of JA$912M, A Third Consecutive Quarter Of Record Profits

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 […]

New Subsidiaries Start-Up Costs Dampens Knutsford Express’s Strong 2019 Profitability Performance

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 […]

New Subsidiaries Start-Up Costs Dampens Knutsford Express’s Strong 2019 Profitability Performance

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 […]

Barbados 2018-2020 Economic Review