Home Tag "Mark Myers"

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 […]

JMMB Group Net Profit Up by 17%

Barita Investments Limited Reporting Net Profits Of JA$408.3M, A Second Consecutive Quarter Of Record Profits.

Mark Myers Chairman of Barita Investments Limited is reporting net profits of JA$408.3 million, a second consecutive quarter of record profits. Commenting on the performance he indicated that for the six months their strategy continued to reward them with a near ten-fold growth in net profits; an increase of $467.3 million, or 946.6%, to $516.7 […]

JMMB Group Net Profit Up by 17%

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 […]

JMMB Group Net Profit Up by 17%

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 […]

JMMB Group Net Profit Up by 17%

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 […]

Government Of Jamaica Moving Rapidly To Complete The Data Protection Bill