Home Tag "Massy Group"

Time For Businesses To Be Innovative If You Are Just Doing What You Used To Do Before, Then You’re Going Down – Warner

Local businesses need to be unconventional in their thinking and unshakeable, innovative and “unfoolish” in their execution if they are to soar above the current financial recession. Nothing can be achieved by ordinary means, so if we want to soar above this recession, we cannot be trapped into ordinary thinking. I have identified the foreign […]

How To Define The Standards of Your Services

Massy Holdings Reporting 18% Decline In PAT Arising From Loss On Disposal Of Massy Communications Plus Year To Date Operational Losses

Robert Bermudez, chairman of Trinidad and Tobago based Massy Holdings, is reporting to shareholders that for the nine months ending June 30, 2017, the company declared after-tax profits of TT$318 million, an 18 per cent decline compared with the same period in 2016. The conglomerate’s results include a TT$72.3 million loss from discontinued operations, comprising […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

“Other Competitors Should View The Move With Terror. I Hope They Are Terrified, As They Should Be.” Emile Elias TSTT chairman

Emile Elias, Chairman of The Telecommunications Services of Trinidad and Tobago (TSTT) , the country’s largest telecommunications provider reported that a signed Share Purchase Agreement to acquire the 100% shareholding of Massy Communications Ltd for $255 million was executed and brings an additional 34,000 homes and a Fibre to the Home system to TSTT. The […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

While The Group Experienced Great Accomplishments in 2016 Massy Also Faced Some Challenges.

Key Items In The 2016 Period: • Third Party Revenue decreased 3 percent or $411 million, from $11.9 billion to $11.5 billion. There was a 45 percent or $489 million reduction in revenue from the Energy businesses in Colombia and Trinidad and Tobago. • Earnings Before Finance Costs and Tax decreased by 8 percent, from […]

Knutsford Express Recorded 40% Increase In Net Profit To $170M For 2016/17

Continued Service-Based Leadership Transformation At Massy Holdings.

This year, we charged ourselves with the task of transforming the leadership of the organisation by changing and clearly articulating the expectations of Massy leaders, across all businesses. The expectations are based on more service oriented, values-based leadership, which is recognised as essential to the sustained success of the Group. The roll-out of the new […]

How To Define The Standards of Your Services

2016 Was A Challenging Year For The Massy Group, Resulting in a Mixed Financial Performance. – Bermudez

Robert Bermudez Chairman of Massy Holdings Limited has described 2016 as a challenging year for the Group, resulting in a mixed financial performance. In his report to shareholders contained in the company’s just released 2016 Annual Report, he cites a number of one-off charges contributing to a 22 percent decline in Earnings Per Share (EPS) […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months